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Life Health > Health Insurance > Your Practice

Dems attack GOP on Obamacare repeal

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The Democratic Congressional Campaign Committee is taking aim at 60 House Republicans for their most recent attempt to repeal the Patient Protection and Affordable Care Act. Repeal of PPACA would do away with the minimum loss ratio, the PPACA provision that requires health insurance companies to spend a certain percentage of their incoming premiums on medical care, which would let health care companies spend premiums on executive bonuses and administrative costs.