Join Date: Jan 2009
Location: Under the influence...
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Affordable Care Act: Digging the 85/15 rule much more now
For those that aren't hip to the ways of the Act, the 85/15 rule states that all insurance companies have to spend at least 85% of premium income specifically on healthcare, allowing 15% for administrative expenses, advertising, etc.
I'm getting a rebate because in my area, healthcare spending fell below the 85% mark