Tara McGuinness, The White House – (7/18/2013)
Hi, everyone –
If you want tangible evidence of the way that the new health care law is already helping ordinary people, it’s worth having a conversation with one of the 8.5 million Americans who received rebates from their insurance companies this summer. Just ask the folks who got checks in the mail.
Because of the Affordable Care Act, insurers are required to spend at least 80 percent of premium dollars on medical care, instead of overhead like salaries or advertising. And if an insurance company doesn’t meet that standard, it has to provide a rebate to its customers.
It’s a really big deal, and we want to make sure everyone understands how it works.
Senior Communications Advisor
The White House