Monday, August 5, 2019
Sunday, August 4, 2019
Saturday, August 3, 2019
Friday, August 2, 2019
Wall Street Journal admits economic conditions have shrunk as millions go into deep debt to stay in the middle class
Families Go Deep in Debt to Stay in the Middle Class :
Cars, college, houses and medical care have become steadily more costly, but incomes have been largely stagnant for two decades, despite a recent uptick.
Rush Limbaugh gets more out of touch with every passing day: "People like their health care from their employer"
Talk about delusional.
In my household we haven't had employer provided health insurance since 2008, but recently a new employer offered us some. My jaw hit the floor when I saw the price: $2,033 per month for family coverage.
Currently I pay $532 a month for family coverage, because I have a plan grandfathered in from pre-2010, which I get to keep as long as I don't make any changes to it. The new employer's plan is almost FOUR TIMES more expensive than what I'm paying now.
Compared to what I'm being offered by an employer right now my current plan looks mahvelous, right?
Well guess what it cost just eight years ago?
$227 a month.
That's right. Despite the fact I'm not hostage to Obamacare or employer provided insurance, my premiums have still risen 134% in eight years. And it would be even worse had I not raised the deductible. Needless to say, my coverage is nearly useless for office visits and routine tests; that's all 100% out of pocket, too.
But look at the scale of what's happened. The coverage I had in 2011 now costs me about two and half times as much as it did then, but this new employer plan costs NINE TIMES as much as privately purchased coverage cost me eight years ago.
That is insane.
But look at the scale of what's happened. The coverage I had in 2011 now costs me about two and half times as much as it did then, but this new employer plan costs NINE TIMES as much as privately purchased coverage cost me eight years ago.
That is insane.
OBAMACARE IS A CURSE AND A BLIGHT ON THE NATION, WHETHER YOU HAVE IT OR NOT, and Rush Limbaugh is as out of his mind as the Democrat hucksters trying to sell us Medicare for All or some other bottle of government elixir when he says people like their health care from their employer. They do not. The LA Times in May:
Health insurance deductibles soar, leaving Americans with unaffordable bills:
The 2010 healthcare law — often called Obamacare — provided landmark protections to Americans once shut out of health coverage. But as Democrats and Republicans fought over the law, Altman said, neither focused on the rapid run-up in costs for people covered through work. ... Over the same time, insurance premiums also increased, rising at more than double the rate of inflation and outpacing wage gains.
Subscribe to:
Posts (Atom)