MinnPost: "Thousands of Minnesotans to receive health rebates under Franken provision"
Monday, July 9, 2012
Sen. Franken authored the Medical Loss Ratio provision in the Affordable Care Act, and a new report shows that more than 100,000 Minnesotans will benefit from the provision.
Thanks to a part of the reform authored and sponsored by Sen. Al Franken, DFL-Minn., 123,000 Minnesotans will soon receive a share of nearly $9 million in rebates from their health-insurance carriers. Checks will average $160 per family.
The medical loss ratio provision is just one of three strong parts of the ACA authored by Franken; the other two, the Value Index and the Diabetes Prevention Act, are complicated enough to merit parsing in another story.
Read the whole article here.
