- Cape businessman known for starting NARS dies at 49 (2/23/17)9
- Japanese restaurant up and running; owner surprised by fondness of sushi here (2/24/17)1
- SoutheastHEALTH, Washington University School of Medicine announce collaboration (2/24/17)23
- A shot at a Harley: Man's basketball feat at Southeast game wins new motorcycle (2/27/17)
- Two men crack market with local cage-free eggs (2/26/17)13
- Singer Neal Boyd says he faces physical therapy after Jan. 22 traffic accident (2/27/17)
- Missouri bill would limit transgender school bathroom access (2/22/17)48
- Former KFVS12 reporter talks about recovery from eating disorder (2/23/17)11
- City issues precautionary boil order near Arena Park (2/23/17)
- $22M bond issue would alter Jackson schools (2/22/17)13
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