Political Quotes

Thomas E. Petri: This amendment also reforms administrative and operating reimbursements that the government pays to private insurance…

On the recordJune 19, 2013
This amendment also reforms administrative and operating reimbursements that the government pays to private insurance companies by capping those payments at $900 million, which is a fairly moderate cap and below what's currently being spent. It also lowers the reimbursement to insurance companies to the President's target of 12 percent return from 14 percent return.
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Thomas E. Petri
Wisconsin
Source
govinfo.gov
Jun 19, 2013

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