Posts tagged "Health Insurance"

PPACA Passes U.S. Supreme Court Judicial Review

Judge Gavel

In what many are describing as a stunning victory for President Obama, the Federal Patient Protection and Affordable Care Act (PPACA) passed judicial review by the United States Supreme Court on June 28, 2012. Already this Supreme Court ruling is creating havoc among Republicans. And with this victory in hand, Democrats are not being shy about their victory.

Regardless of the political posturing taking place at this moment, the real winners from this U.S. Supreme Court ruling are Americans. With nearly a quarter of the United States population being uninsured, the Supreme Court’s blessing of the PPACA gives them hope that their medical care needs will be met. The hope that these people have for their future is not to be diminished by any political party. For we all want to be healthy and have the ability to seek medical care if the need should arise. Read more…

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Posted by Admin - June 28, 2012 at 11:22 pm

Categories: Health Care   Tags: , ,

A Billion Dollars Saved by Health Care Reforms

Money Bag

The Federal Patient Protection and Affordable Care Act, which was signed into law by President Obama on March 23, 2010, contains provisions which require health insurance companies to dedicate a minimum of 80% of their funds to paying claims involving medical care. This section of the law is known as the medical loss ratio. Funds which have not been allocated to paying medical care claims, or quality improvements, must be returned to consumers as a refund or a discount applied to premiums paid the following year. As a result of the Patient Protection and Affordable Care Act, consumers are expected to receive a total of $1.3 billion in refunds this year alone.

The consumers that receive the refunds under Patient Protection and Affordable Care Act regulations include both businesses and individual consumers. However, employers which receive refunds are under no obligation to pass these funds onto their employees. Below you will find a breakdown of which groups stand to gain the greatest refunds from their health insurance companies. Read more…

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Posted by Admin - May 1, 2012 at 1:20 am

Categories: Health Care   Tags: ,

Biased Polling Slams Health Care Reform

Health Care - Are You Covered?

As with any politically charged issue, various sides are bound to take different positions.  As we all know, the same enthusiasm and special interest money is flowing into those groups which do and do not support health care reform.  Reaching into their propaganda tool chest, they frequently grab ahold of biased polling to release statistics which are designed to sway public opinion.  Recently, Fox News grabbed ahold of a poll conducted by the U.S. Chamber of Commerce which allegedly concluded that the overwhelming majority of businesses feel that the Patient Protection and Affordable Care Act is hurting job creation.

First, it is important to note that polling often includes certain “qualifiers” which are used to determine an individual’s answer to a specific question before it is even asked.  Besides simply polling “friendly” groups of individuals, which are likely to respond according to ones pre-determined wishes, such qualifiers can easily be used to distort polls. Read more…

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Posted by Admin - January 22, 2012 at 5:09 pm

Categories: Health Care   Tags: , ,

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