Article

'Obamacare' Saves Consumers Nearly $1.5 Billion

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.

Much of those savings — an estimated $1.1 billion — came in rebates to consumers required because insurers had exceeded the required limits.

Read the full story: http://lat.ms/YylhTs

Source: The Washington Post

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