He'll learn real quick how to eat his own words:
"It's simple math"
I don't know why this should be an issue, the MLR requires 80% payout anyways. So, if the increase is too much, a refund will be coming.
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So, listening to a CNBC health care analyst just now, talking about these rate increases. Of course, everyone has their head up their arse, not knowing the law as well as we do. She states:
"They are doing this because it's their last chance to take a bite out of the apple before obamacare kicks in".
First, no mention of the MLR requirement.
Second, no mention that rates will go even higher in 14'
I guess the uproar won't occur until 2014 when it hits everyone squarely in the face. Stupid uneducated **#*^!!
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