Wednesday, January 16, 2013

Congress Kills Part of the Affordable Care Act

Congress Kills Part of the Affordable Care Act
"That is because these were intended to compete with the Kaisers and Aetnas of the world, which is exactly what they didn't want. Co-ops were barred from using federal grants for marketing and had the steep Medical Loss Ratio requirement of 95 percent, which would have made them lean and mean in the marketplace. Aetna in particular couldn't have that."