House GOP Wants Americans’ Premiums to Help Fund Insurance Company Profits Instead Of Health Care

House GOP Wants Americans’ Premiums to Help Fund Insurance Company Profits Instead Of Health Care: Republicans on the House Energy and Commerce Committee will consider legislation repealing a crucial Obamacare consumer protection that requires insurers to spend at least 80 percent of their premium dollars on actual care rather than overhead or profits. The Center on Budget and Policy Priorities explains that the bill, H.R. 1206, amounts to a massive [...]/p