Friday, September 13, 2013

Why They Should Repeal Obamacare

Via The Hill:

Consumers have saved $1.2 billion because of provisions in ObamaCare that strengthen oversight of insurance premiums, the administration said Thursday.

The healthcare law provided $250 million in grants to help states bolster their review of insurers’ rates. It also gave the federal government the power to review certain premium increases but not the power to stop them from taking effect.

Those rate review provisions have lowered premiums by $1.2 billion since they took effect in 2011, the Health and Human Services Department said in a report Thursday.

Which is why the Republicans will vote for the 41st time to repeal it.