So, WOW, I just got a rebate of $91.44, because my health insurance company did not spend "80 percent of the premiums it receives on health care services"
So, I was skeptical of the ACA, and quite frankly, I still am.
I am grown up enough, however, to say that I was wrong about this part of the legislation and in general about the ACA. I am excited this is actually working.
I actually thought that companies, hospitals, and doctors would collude to inflate prices to make the 80% limit, and that this would only serve to increase health care costs overall.
Apparently, and unbelievably, at least my company had to issue refunds. I know it's not a lot of money, but it's money that won't be pocketed this year by the executives in some BS bonuses.
So, YAY ACA!!
Thanks President Obama
Enjoy some Talking Heads