Obama talks up health care law's rebates Thursday - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Obama talks up health care law's rebates Thursday


WASHINGTON (WKOW) -- President Barack Obama talked about the benefits of the Affordable Care Act on Thursday, saying his health care law is working and cutting costs for consumers, despite what the law's Republican critics say.

White at the White House, President Obama emphasized half a billion dollars in rebates going to nearly nine million people under a provision of the law he says is holding insurance companies accountable.

Insurers must spend at least 80 cents of every dollar on medical care or quality improvement, or refund the difference. That's the $500 million consumers are getting in rebates averaging about $100.

The president pitched the plan a day after the Republican-controlled House voted to delay two key provisions.

The Republican controlled house has voted nearly 40 times to repeal or scale back the health care law. On Wednesday night, it passed legislation to delay, not just the employer mandate by one year, as the White House already has done, but also the individual mandate.

Senate Republican leader Mitch McConnell says free money sounds great, but won't remove the sting of new health care taxes that will begin costing consumers next year.
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