Republican Conference Secretary John Carter (R-Texas) is trying to build momentum for a Congressional Review Act (CRA) challenge to a recent regulation that requires insurers to spend at least 80 percent of their premium dollars (85 percent in the large group market) on healthcare services.
Healthcare executives take our healthcare dollars and use them to buy everything from multiple mega-mansions and private petting zoo's to elections. At the same time they maximize profit by spending as little as possible on actual healthcare. It's no wonder the Republicans are going after this critical provision or the new healthcare law first. They need to make sure their sugar daddy's at the insurance companies have the cash to fly around in private jets and bankroll their campaigns.
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