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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.
http://www.whitehouse.gov/share/health-care-rebate
Thanks! Tara
Tara McGuinness Senior Communications Advisor The White House
Three quick things you should know about Obamacare
Hi all —
In the past few days, we’ve received three really interesting new pieces of information about the health care law, and we wanted to share these data points with you so that you get a big picture of how things are changing for the better as the law gets implemented.
First, the Affordable Care Act is helping to make sure that insurance companies and providers have to compete for your business by creating a Health Insurance Marketplace that offers people more choice and control over their insurance choices. An estimated 80 percent of the people who will enroll in the Marketplaces live in states with five or more different insurance companies to choose from — instead of just one or two. We’ve put together a memo about that, and you can read it HERE.
Second, as the health care law is helping move to a system where data helps improve consumer choices and the quality of care, the government is making more information available to consumers, from hospital charges and quality outcomes to regional health care system performance statistics. Those may sound like dry things, but businesses are springing up across the country and using this data to power new innovation. Secretary Sebelius explains this idea in more detail HERE.
Third, we got some great news about the long-term viability of Medicare. Program cost growth, both long term and short, is down — even as new benefits for preventive care and prescription drugs are now helping tens of millions of beneficiaries. Get more information about the report that shows that Medicare is growing stronger HERE.
We’re sharing this information with you because we’re sure you hear people talk about the health care law in your communities all the time, and if you have questions we’d love to answer them.
Ask your questions about the health care law, and we’ll answer some of them next week.
Thanks,
Tara
Tara McGuinness Senior Communications Advisor The White House
P.S. — Earlier today, the President delivered remarks on the health care law in San Jose. Lean more HERE.
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