Peter Suderman, Reason.com – Kathleen Sebelius Would Like You to Believe That ObamaCare Is Responsible For Health Care Cost Savings
Reason.com:
Sebelius highlights two of the law’s insurance regulations: a medical loss ratio (MLR) rule that requires insurers spend at least 80 percent of premium revenue on clinical services and a rate-review provision which gives her agency the power to deem health insurance rate hikes “unreasonable.” These two regulations, which substantially increase the federal government’s power and discretion over the entire health insurance market, are “putting consumers back in charge.” (Maybe she meant bureaucrats rather than consumers?)
You’ll notice, however, that there’s something missing from the op-ed: any mention of actual health insurance premium prices.
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Tags: health insurance, kathleen sebelius, medical loss ratio, ObamaCare, premiums
