‘Obamacare’ To Yield $1.3 Billion In Rebates For Consumers

From Talking Points Memo:

A lesser-known but important provision in “Obamacare” that regulates how health insurance companies spend their money is yielding benefits for consumers, a new study finds.

By this August, insurers are projected to send consumers a total of $1.3 billion in rebates, according to a Kaiser Family Foundation analysis released Thursday — $541 million to large employers, $377 million to small businesses and $426 million to people with their own insurance plans.

The rebates are the result of a rule in the Affordable Care Act that requires insurance companies to spend at least 80 percent or 85 percent of premium earnings on health care — as opposed to marketing and administrative activities — or otherwise provide rebates to their consumers.

White House spokesman Jay Carney highlighted the figures at the top of his press conference Thursday as “yet another sign of how the Affordable Care Act is already strengthening the health care system for millions of Americans.”

(via Poor MoJo)

Vatican to Nuns: Less Helping of the Poor, More Hating on the Gays

From The Washington Post:

CHICAGO — A prominent U.S. Catholic nuns group said Thursday that it was “stunned” that the Vatican reprimanded it for spending too much time on poverty and social-justice concerns and not enough on condemning abortion and gay marriage.

In a stinging report on Wednesday, the Vatican said the Leadership Conference of Women Religious had been “silent on the right to life” and had failed to make the “Biblical view of family life and human sexuality” a central plank in its agenda.

A few famous nuns:?In light of the Vatican’s action on Wednesday, here is a list of nuns who have become known in the broader world. Two of the Americans listed have been canonized.

It also reprimanded American nuns for expressing positions on political issues that differed, at times, from views held by U.S. bishops. Public disagreement with the bishops — “who are the church’s authentic teachers of faith and morals” — is unacceptable, the report said.

(via Poor Mojo)