When the Affordable Care Act passed in 2010, it included a provision requiring insurers to spend at least 80 percent of insurer premiums on medical care.

If they don't hit that target, they have to rebate the funds back to subscribers. (1/3)

That rule is going to become *really* important this year. So many insurers are announcing in their Q2 earnings that they aren't hitting the 80 percent target with patients delaying care due to coronavirus.

The rule will likely be responsible for billions in rebates. (2/3)

When @jenhab and I were baby reporters at Politico, we covered the ins-and-outs of this rule being developed at insurance commissioner conferences. We'll always have Orlando, right!!? Also @sam_baker too. (3/3)