[GPSCC-chat] Fw: They didn't listen

[Caroline Yacoub]

----- Forwarded Message ----
From: Melinda - Health Care for America Now <hcan at healthcareforamericanow.org>
To: Caroline Yacoub <carolineyacoub at att.net>
Sent: Mon, November 21, 2011 10:36:54 AM
Subject: They didn't listen


Dear Caroline:

You told them not to do it. Last week activists sent nearly 25,000 messages to 
state insurance commissioners urging them to stop a resolution that will gut the 
rule that keeps insurance premiums in check.

This rule, called the medical loss ratio (MLR), requires insurance companies to 
spend at least 80% of your premiums on medical care instead of using it to pad 
their profits and pay millions to their CEOs. If your insurance company doesn’t 
spend enough of your premiums on health care, they’ll owe you a rebate.

They didn’t listen. On Tuesday, insurance commissioners will vote on a 
resolution directing Congress and HHS to cancel more than $1 billion in the 
rebates owed to you and let insurance companies keep the money instead. 

Click here and send a message to your insurance commissioners today. Tell them: 
You work for us, not the insurance companies – hands off the MLR.

The truth is that the medical loss ratio works and has already lowered premium 
rates for some Connecticut residents by 19 percent! It’s no surprise that 
insurance companies want to kill it. Health insurance companies continue to make 
record profits, and their CEOs have collected more than $1 billion in personal 
compensation in the last decade while the majority of Americans are barely 
getting by. This isn't business - it's robbery.

Fight this greed-driven corporate power today.
 
In Solidarity,

Melinda Gibson
Health Care for America Now

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