New health care law saved consumers $1.5 billion last year, analysis finds
(MCT) — WASHINGTON — Consumers saved nearly $1.5 billion in 2011 as a result of rules in President Barack Obama’s health care 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.
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