When I say our system bankrupts individuals, I'm referring to the fact that we now pay approximately $6,000+ per person/year for health coverage. An employee may not be paying much of that directly (it varies), but the money IS going to the insurers. The employee doesn't "see" that money, but it's money that could have been paid in wages but went, instead, to the insurers.Only $6000? England pays more than that.For that matter, your $6000 figure is passably close to correct... for DW and I *together*. It's actually closer to $7500, or less than $4000 each for medical, dental, and vision. We have pretty good employer-provided insurance.Meanwhile, the US national government pays about $7000 per capita for medical-related stuff. For everyone in the country. Even though it actually provides care or coverage for a small percentage.And of course while employer-provided health insurance is assumed to come out of real wages, government-provided health care or coverage is assumed NOT to come out of the taxes we pay...
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<