Originally posted by conspiracyrus
reply to post by Janky Red
You do also realize that they didnt include inflation in that number ... they said the cost grew greater than inflation but make no mention of the statistics being put against each other....
Number 2 It could happen tomorrow... when people stop being able to afford it then they dont buy it ... so as the price gets more rediculous the amount of members of a policy decreases... meaning every dollar that it increases you will always see a decrease in policy holders. and as policy holders decrease the more they charge, see a cycle there? you should
not to mention with the decreased earnings potential of people during a time of recession... as well as those who are unemployed... were talking quite a bit of decrease
simple as that
1. Yes my number did not include inflation - if it did the number would MUCH larger.
MENTION which statistic being put forth is wrong in todays money - point it out.
I am forecasting based on trend - did the 8% raise concept go over your head?
THE SAME equation I used-
If you make ten dollars and hour and can expect an 8% raise each year
first year $10.80
second year $11.88
third year $12.83
Do you refute the mathematical truth of the above even if it does not include inflation?
2. I see - so at what point do people say enough of this??? This increase has been happening for decades - I have only included this last decade because that is the data provided by the Kaiser Foundation. You ASSUME this trend is going to GET
drastically better and you are right people will NOT be able to afford it. Up until that
point a large portion of the GDP is going to HC and it will ruin us sure as taxes.
Maybe you removed it from your post
And one estimate says that if costs continue on their current trajectory, premiums will go up another 166% in the decade ahead.
The data was collected by the Kaiser Family Foundation
This point says I am UNDERESTIMATING the costs based on todays inflation rate.
My entire point is to underscore how big this problem is going to get, my equation represents the ROAD we are on, my hopes are that YOU and everyone else will look past the ideology party crap and look at the numbers. I only hope everyone can see
something needs to happen - I am not suggesting what that something is, cause I don't know how to fix it.
if my numbers the 90% off we are still screwed, totally so.
[edit on 9-11-2009 by Janky Red]