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POTUS: Insurance Companies Spending Less 'on Profits' Under Obamacare

POTUS: Insurance Companies Spending Less 'on Profits' Under Obamacare

President Barack Obama touts the Affordable Care Act’s federal mandates for health insurers: “Because of the Affordable Care Act, insurance companies have to spend at leasty 80% of every dollar that you pay in premiums on healthcare–not on overhead, not on profits, but on you.”

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