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Author: Gingko100 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 307042  
Subject: Re: Bankrupt or try to 'gut it out'? Date: 11/3/2012 5:06 PM
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the cost of health insurance rose about 25%. Finally, the health insurance coverage is worse than it was last year when we paid less for it, and got better benefits.
You need to plan for this, and it will continue. I buy on the private market, and mine has gone up 25%-40% every year since 2003 - when I first started buying it. Every single year. In 2007 it went up 40%. It's always been my biggest expense after housing. I build it into my budget.

And that's independent of any issue of politics. This is a cost that will rise well above the rate of inflation and needs to be budgeted for.
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