News that the Department of Health and Human Services was promulgating a rule that would destroy about 35% of the Health Savings Account market comes as no surprise to Tea Party activists who warned everyone who would listen that ObamaCare would kill the private insurance market.
The rule known as the "Medical Loss Ratio" rule would deny private and small business issued policies from being sold on the ObamaCare health care exchanges. There are currently five million people who have small business and individual issued policies. Those policies will be ripped from their hands should the rule go into effect.
CONTINUED: http://teapartyorg.ning.com/profiles/blog/show?id=4301673%3ABlogPost%3A822290&xgs=1&xg_source=msg_share_post
Sunday, July 15, 2012
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