1% of the Population. 40% of the Wealth. None of the Burden?!
join us at our annual Health Action Conference this year? Don't worry,
we've got you covered. You can follow the conference live on Twitter to hear all the exciting updates from Secretary Sebelius, Governor O'Malley, Dr. Atul Gawande, Van Jones, and more! Just follow us using the hashtag #HA2012!
Cracking Down on Insurance Companies, Protecting Consumers
You probably already know about some of the powerful consumer protections
in the Affordable Care Act, but did you know the law also protects the
cost and quality of your care? Thanks to rate review, no insurance
company can increase your rate by more than 10% unless they can prove
that the hike is necessary. And under the 80/20 rule, $0.80 of every
dollar must be spent on improving health care quality NOT on
administrative costs such as CEO bonuses (AND the 80/20 rule is 85/15
for plans sold to larger businesses!). Those are just two more reasons to support the Affordable Care Act.
Repealing the Affordable Care Act Saves $95 Billion...
Recently, Mitt Romney recycled an old lie
that repealing the Affordable Care Act will save $95 billion a year.
But, that's simply not true. According to the Congressional Budget
Office, repealing the law actually adds $210 billion to the federal deficit over the next 10 years. That's one heck of a whopper from Mr. Romney, and it earns him our myth of the moment for January 2012.