'Obamacare' saves consumers nearly $1.5 billion
Wednesday, December 5, 2012 - 12:30
in Mathematics & Economics
Health insurance companies passed $1.5 billion in savings mandated by 'Obamacare' on to consumers in 2011, a new analysis shows.WASHINGTON — Consumers saved nearly $1.5 billion in 2011 as a result of rules in President Obama's healthcare law that limit what insurance companies can spend on expenses unrelated to medical care, including profit, a new analysis shows.