re: #37 jaunte

“Healthcare reform politix:

A powerful House Republican is setting in motion a congressional challenge to a key provision of the healthcare reform law.

Republican Conference Secretary John Carter (R-Texas) is trying to build momentum for a Congressional Review Act (CRA) challenge to a recent regulation that requires insurers to spend at least 80 percent of their premium dollars (85 percent in the large-group market) on healthcare services.
[Link: thehill.com…]”

I can’t even figure-out what that is suppossed to mean. 80-85% of premium (revenue) must be used for benefits? Not operating costs, or long-term investments for pay-out for future claims?