For Immediate Release: November 22, 2010 Contact: Daniel Reilly, 202-225-3130
Hoyer Statement on New Health Care
Consumer Protections
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WASHINGTON, DC – House Majority Leader Steny H. Hoyer (MD) released the following statement today in response to new regulations issued today by the Department of Health and Human Services as part of the Affordable Care Act. Known as the “Medical Loss Ratio,” these regulations require health insurers to spend 80 to 85 percent of consumers’ premiums on direct care for patients and efforts to improve care quality:
“Today’s action represents a significant step forward in our work to ensure that Americans’ receive better value for their health insurance dollar. Insurance companies must spend a minimum of 80 cents of each premium dollar on quality care or issue a rebate to their consumers, increasing the value of health insurance and making the insurance marketplace more transparent and consumer-friendly.
“These new consumer protections continue the efforts of the Affordable Care Act to stop insurance company abuses, like unjustified premium increases, and put consumers—not insurance companies – in control of their own health care."
Staying focused during the lame duck session is important for all advocates. Visit Healthcare For America Now for more information on new changes under the healthcare reform law at
www.healthcareforamericanow.org. Visit also
www.Senate.gov and
www.house.gov and encourage continual enforcement of the healthcare reform law which is now the Affordable Care Act. Doing so helps millions of children, homeless persons, prisoners, and people like you and me.
HAPPY THANKSGIVING ...
Passing the peace,
Posted By: agnes levine
Tuesday, November 23rd 2010 at 5:26AM
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