Major Health Care Reforms Take Effect January 1

"...two of the new health care law's most significant reforms take effect..."

"Starting on New Year's Day, insurance companies will have to spend at least 80 percent of the revenues they receive from premiums on actual health care. Not on salaries or overhead."

"Senior citizens -- a demographic that's skeptical of the bill -- will see real benefits. In 2011, the law will begin to close the Medicare Part D coverage gap -- the infamous 'donut hole.' "

Find out more at: Talking Points Memo