Health Insurance, Part 3
I just received my health insurance notice of premium increase, so it’s time for another article lamenting the cost of health insurance and health care. For some additional background, read these two blog articles from the two previous increases: Part 1 (February, 2006) and Part 2 (December 2006).
Year Premium Increase 2003 $225 — 2004 $275 22% 2005 $327 19% 2006 $415 27% 2007 $532 28% 2008 $633 19%
You can see that the cost of my private health insurance has nearly tripled in 5 years. Combine that with the fact that the insurance company doesn’t pay any of the bills until my out of pocket expenses (on covered items) reaches $4000, and you can see that my health-related expenses are huge. It’s enough to make me say, “Ouch.”
December 29th, 2007 at 9:18 pm
wow, your paying about the same as two smokers with 1500 deductibles. I thought I had it bad, even if my ppo just dropped the only providers within a 50 mile drive, and the local hospital.
Not only should that be illegal, it should be criminal. What is a person with existing conditions to do? Can’t get insurance, and can’t use the insurance.