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Tuesday, November 23, 2010

WH Blog: Health Care Reform Implementation with Nancy-Ann DeParle

Posted by Kori Schulman on November 19, 2010 at 4:58 PM EST
The Department of Health and Human Services issued a new rule called the “medical loss ratio” rule that will require health insurance companies to spend 80 to 85 percent of your health care insurance premiums on making you healthier instead of overhead costs like advertising or executive compensation.

Nancy-Ann DeParle took some time to explain the new rule and why it’s so important in this video.

Nancy-Ann DeParle, Director of the White House Office of Health Reform, is answering your questions on health reform implementation in a live video chat for Tuesday Talks. In March 2010, President Obama signed the Affordable Care Act into law — the Act gives you better health security by putting in place comprehensive health insurance reforms that hold insurance companies accountable, lower health care costs, guarantee more choice, and enhance the quality of care for all Americans.

Join us for a talk with Nancy-Ann DeParle on Tuesday, November 23rd at 2:15 p.m. EST.

Here's how you can participate:
Visit WhiteHouse.gov/healthreform to learn more about health care reform.

Rightardia comment: Rightardia can imagine the medical loss ratio went over like a ton of bricks on the health care industry. People buy insurance so their medical needs are met, not to make medical executives billionaires.


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