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SECTION 2 - PAGE 2 - PLA1NDEALER - WEDNESDAY, AUGUST 15,1984 Serendipity Singers to headline Jamboree VA raises fees regarding ££S guaranteed, direct loans. « A great day of family fun is promised for Sunday, Aug. 26, at th£ Fourth Annual Woodstock Jamboree on the downtown historic square. More than 7% hours of con­ tinuous live music will be of­ fered on. two stages with The Serendipity Singers starring as the featured entertainment. Admittance to the annual event is free. The Woodstock Square Promotional Group, which is sponsoring the jam- New law may keep handle on increasing hospital costs Governor James R. Thompson recently signed legislation aimed at holding down the cost of health care in Illinois. ;'With the Illinois Health Finance Reform Act, the state haws taken a critical first step toward containing the cost of health care," the governor said. "For the first time, consumers ami payors such as insurance companies will be able to obtain basic information from hospitals on fees and prices. Ttiey will be able to compare prices And they will be able to m$tke judgments based on in­ formation never before available to them "This bill, by itself, will not contain all health care costs. But with this action, we have established a new direction and set our sights on a stable health care environment." Senate 495 takes effect im­ mediately. Major provisions of the bill include: -Creation of an 11-member Health Care Cost Containment C ouncil to collect data on the cost of hospital care and hospital finances and to recommend, by March 1986, additional methods for keeping health care costs down. The new law sets as a goal limiting hospital price increases to the general rate of inflation. If hospital costs rise faster than the rate of inflation, the council will make recommendations, including regulatory steps, to prevent further excess price increases. The measures would be introduced in March of the year following the ^ear in which the excels increases occurred. -Medicaid rates will be negotiated for hospital services. - The council will gather price information which will allow comparisons to be made by specific diagnosis among hospitals. Hospitals will begin to provide data in January 1985. Hospitals under 50 beds will be considered exempt, as reporting would be a liardship and the data is un­ necessary in facilities of that size. VOL C AN REN T AN AQUASENTRY W A T E R C O N D I T I O N E R •LOW MONTHLY RENTAL •NO INSTALLATION CHARGE •FREE WATER TEST •30 DAY FREE TRIAL Hicksgas I Inc] 1023 LAKE AVE. WOODSTOCK CALL TODAY 815-338-1296 •..•a.-/•»•»• Old Routt 14 A 47 wooes lock, Illinois Since one of the most effective ways to contain hospital costs is to eliminate unnecessary ad­ missions and extra days of in­ patient care, the new law requires hospitals to provide only necessary treatment and allows payors, such as in­ surance companies, to review hospitalization decisions. boree, offers a variety of at­ tractions to entertain the family. There will be pony rides, Moonwalk and other games for the youngsters, in addition to the music, refreshments and "A Nibble of Woodstock," featuring home-made American and ethnic foods. Two shaded beer gardens will also be provided. Aside from the Serendipity Singers, entertainment will be provided by Peter, Mary and David, who will bring a touch of jazz into the country. Peter Swenson and Mary Zaranto will be appearing with guest guitarist Dan Mclntyre. Guitarist Peter and Mary are well-known vocalists in the McHenry County area, as is another of the Woodstock Jamboree performers, Burton Jones. Two square exhibitions will be , during the day by the Woodstock Squares, an enthusiastic group of local dancers. Since their formation in the 1960s at the University of Colorado, the distinguished sounds of The Serendipity Singers have been delighting audiences across the country and the world. Their exciting fast-paced show of folk songs, country pop and show tunes from the 40s to the 80s appeal to all ages. . The entertainment schedule begins at 11:30 a.m. and ends at 7 p.m. "We can promise a fun-filled day for the family. We hdve a really nice show lined up," says jamboree chairman Harold Buschkopf. The Veterans Administation announced that it is raising by one-half percentage point the funding fee collected by VA in connection with all guaranteed or direct loans closed on or after August 17. VA Administrator Harry N. Walters said the increase, from one-half percent to one percent, is made in accordance with requirements of the Deficit. Reduction Act of 1964. Walters said the only exceptions afe loans made to veterans receiving VA compensation for service-connected disabilities. «or to surviving spouses of veterans who died in service or as a result of a service- connected disability. The one percent funding fee must be collected in connection with all types of VA-guaranteed loans, including refinancing loans and interest rate reduction refinancing loans, home im­ provement loans, Graduated Payment Mortgages, Growing Equity Mortgages, and loans with buydown plans. The fun­ ding fee may be included in the loan and paid from loan proceeds without regard to provisions limiting the loan amount to the reasonable value of the property, according to VA. The current interest rate for VA home loans is 14 percent. •Save on Detergents Soaps, Bleaches Spotless Dish Drying Tkeuttol fteptocm&d Window GUARANTEED LOWEST PRICES IN McHENRY COUNTY! LOW FINANCING AVAILABLE • Ask about ovr lav-o-woy Won • Ucontod Qtntrol Contractor • landed and Insured • 30 Years Experience • Sanior Gtiten Discount ALL BRAND NAMES • ANDERSON* R O W. • CRiSTUNE • TRACO • POL-TEX • THREE RIVERS • EARTHUNE # REPUBLIC • ACROTILT 365 • MAYNARD Excellent Brand Nam* Product* at less cost NO HIGH PRICED SALESMEN - NO HIGH PRICED ADVERTISING • LOW OVERHEAD -Savings oro patsod on to you, THE CUSTOMERI Over 55 Gentle Animals and Birds In All! PETTING Z00! THEY JUST LOVE TO DE PETTED AND FED * U/UUS *IUCM * MONKEY "X, * THICM * wuuir . • PYamr mats MANY MODE ANIMALS, PLUS.. S "CRYSTAL POINT EXPRESS" CUP AND MAIL j • Sand ma no obligation brochure |Name I Address I | City jjPhone • Hava represertative call me f CALL TOLL FREE 1-800-222-8300! 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