Think "Obamacare" is such a horrible thing?

If you think the Health Care Reform Act was such a horrible thing, you should read Forbes Magazine today. You know, the BUSINESS magazine? They have this terrific article out on HOW GOOD IT IS and how a terrific provision of it took effect yesterday. Check it out: The Bomb Buried In Obamacare Explodes Today-Hallelujah! "If you think insurance companies should be able to gouge customers - then you should probably not read this. That would be the provision of the law, called the medical loss ratio, that requires health insurance companies to spend 80% of the consumers’ premium dollars they collect—85% for large group insurers—on actual medical care rather than overhead, marketing expenses and profit. Failure on the part of insurers to meet this requirement will result in the insurers having to send their customers a rebate check representing the amount in which they underspend on actual medical care." So there--to any and all disbelievers in this Health Care Reform Act--this is/was for you. Unless, of course, you're an executive of a health insurance company. Link: http://www.forbes.com/sites/rickungar/2011/12/02/the-bomb-buried-in-obamacare-explodes-today-halleluja/