The Bomb Buried In Obamacare Explodes Today-Hallelujah!

By Rick Ungar – The provision of the law, called the medical loss ratio, requires health insurance companies to spend 80% of the consumers’ premium dollars they collect—85% for large group insurers—on actual medical care rather than overhead, marketing expenses and profit.

Today (12/2/11), the Department of Health & Human Services issues the rules of what insurer expenditures...