posted on Nov, 5 2009 @ 10:38 PM
reply to post by HotSauce
Well HS -
LETS just say your premiums raise 100% in ten years as they have in the last.
For business's the increase is 131% in the last decade-
Will you or *employer* be able to pay for insurance under this current system?
My main problem with the current system is we are paying for the distribution of "our" money to Providers, basically. Insurance companies do not
perform anything physical, they fund "healthcare" with their customers money and ARE IN THE BUSINESS of keeping as much of the money as they
In thirty years - provided the rates move in the same direction at the same rate -
Over the last decade, employer-sponsored health insurance premiums have increased 131 percent. 4
The average employer-sponsored premium for a family of four costs close to $13,400 a year, and the employee foots about 27 percent of this cost.4
Health insurance costs are the fastest growing expense for employers. Employer health insurance costs overtook profits in 2008, and the gap grows
another source or find your own
so lets do the math and I will be fair - I think you will be surprised
so 131% increase on 13,400 in ten years = 's $30, 944 in 2019
now lets keep that rate up and jump to 2029-
to cover a family of four if things stayed exactly the same -
IN TWENTY YEARS - do the math yourself if you want
I'm not fudging this or spinning this - I don't know ANYBODY who can afford such premiums.
It is a problem that is not going away -
[edit on 5-11-2009 by Janky Red]