- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- A community rallies behind Honorable Young Men's Club (6/16/18)1
- Couple charged in beating death at Brick's (6/13/18)
- Southeast to spend $150,000 to refresh brand with Ohio firm (6/19/18)6
- New urban dance studio opens on Broadway (6/15/18)2
- Jackson natives compete in 260-mile canoe race (6/16/18)1
- Feeding deer in Bollinger, Cape and Perry counties prohibited soon to help curb spread of CWD (6/13/18)7
- New Zaxby's restaurant open in Cape (6/13/18)3
I noticed a comment in your paper the other day by Bekki Cook concerning the Affordable Care Act and payment, by insurers, for preventive medicine.
Coincidentally, today, I received a check from the health insurer for my business. I am an owner of a local small business. Today I received a check from our insurer in the amount of $3,173.17, which represents a rebate "required by the Affordable Care Act."
Under the act, no more than 20 percent of premiums collected by a health insurance carrier may be spent on administrative costs; 80 percent of the premiums must be spent on health care services such as doctor and hospital bills and activities to improve health care quality. Imagine that! Eighty percent of premiums have to be spent for health care. Otherwise, you get money back.
The more you learn about Obamacare, the more you like it.
JOHN L. COOK, Cape Girardeau