- Decisions coming soon on steel mill, smelter in New Madrid (11/17/17)1
- Cape man accused of secretly recording women, posting to porn site (11/22/17)
- Thankful People: Kirsten Strebe recovers from traumatic car accident, brain injury (11/23/17)
- Cape attorney Brandon Cooper to run for judge (11/20/17)2
- Thankful People: Moore family counts its blessing after harrowing accident (11/23/17)
- Cape native co-directs Thanksgiving-related indie film, 'Drinksgiving' (11/17/17)
- State audit: Bollinger County tax levies violate state law; county commission disagrees (11/17/17)3
- Deal Finder brings 'unique' shopping to Cape Girardeau (11/24/17)
- The Tungsten Groove to release first album featuring original songs (11/17/17)
- 1 dead, 3 hurt in accident on Highway 72 (11/19/17)
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