- Sikeston singer moves on with 'The Voice' (10/16/17)
- Past Rowdy the Redhawk mascot's identity revealed (10/15/17)
- College algebra to be removed from Southeast required curriculum (10/10/17)1
- Cancer will 'change your life, but it doesn't have to rule it' (10/8/17)
- Police chief, council: Cape Girardeau faces growing gun violence (10/17/17)4
- Developer asks court to OK tax district board for improvements near Hobby Lobby (10/17/17)4
- Bills addressing equal child custody to be filed, legislators say (10/13/17)
- Cape Christian School burglarized (10/18/17)
- The last person to be laid to rest at Old Lorimier Cemetery: Mary Russell Fox (10/17/17)2
- Load shift kills Jackson trucker (10/17/17)
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