Did you hear President Obama yesterday? The President talked about all of the good things the Affordable Healthcare Act (Obamacare) has already accomplished for the American people.
One of the benefits of AHA is an annual refund to the policy holder of money the insurance company did not spend on the policy holder's healthcare. This means that the insurance company has to spend 80% of the premium on health services or return the difference to the policy holder. In this case, this money would be returned to Tunica County. If money is not coming back to the County, Cigna would have to send a letter stating such and telling why.
Last year, Tunicans for Transparency in Government asked how much money Cigna returned to the County. The Board of Supervisors didn't know and the County Administrator indicated we did not get any money back. So, we asked to see the letter from Cigna. Took a bit to get it and after reading this letter and rereading the section of the AHA pertaining to this requirement, our Committee decided what was stated in the 2012 letter had nothing to do with our County.
Later, and after a bit more work, we learned that we are in fact not self-insured. Wonder what is going to happen this year? Refund, no refund, song and dance. Just saying.
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