An insurance agent explained the high cost of health care by saying (more or less) ...
" As medicine has advanced, we're spending more - lots more. Most of it is on babies born seriously premature, and people in the last five years of their life. People that would have died within months, are now living for five, ten, fifteen years - with massive medical interventions, at massive costs. Health costs in the US last year, according to Consumer Reports, were $7,000 per capita."
I don't feel sorry for the insurance companies. They are making tidy profits. As a pre-Medicare retiree, I pay $5,000 per year in health insurance premiums plus co-pays on everything from lab work to doctor's office visits. I'm spending about $7,000 a year out of my own pocket. I guess I could save the insurance company lots of money if I die before they have to fork out payments for cancer treatment or a heart surgery. Grrrrrrrr!
What is your opinion of health insurance in the USA?
2007-10-18
03:19:40
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16 answers
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asked by
Miz D
6
in
Senior Citizens