It’s often asked how people can vote against their own best interests. As a social phenomena, this strange, pathetic quirk of democracy is being played out before our eyes in the healthcare debate.
For a nation that once prided itself in being a leader among nations, with a system of governance to be admired and imitated, the whole thing has been one embarrassment after another.
First the good news.
According to provisions in the Affordable Care Act (ACA), better known as Obamacare, health insurers that covered large groups were required to spend at least 85 cents out of every dollar on medical care or “activities that improve health care quality.”
This provision became effective last year and its implementation is now producing real results. Insurers who spend more than allowed on expenses other than patient care will be required to compensate policy holders. Meaning, policyholders can expect to see a rebate check in the mail before August 1 2012.