I'm 64 and my wife is almost 63.
I've been a small business owner since 1974, so health insurance and I are no strangers. It's been an interesting ride.
When I started my business, I paid employees premiums and quite often with more senior folks, their dependants premiums became a perk.
In the mid eighties, not only did I discontinue the dependant premium benefit, I started having employees pay a portion of their benefit.
Today, it's only my wife and I. We received a notification of premium increase of (only 17%). If we continue with our insurance as it is, our annual premium is a few dollars shy of $24,000. And neither one of us have had any claims that exceeded our deductible of $1000, save an arthro procedure I just had on my knee. And, we've been with this company for twelve years!
Unfortunately, our government, the insurance industry, the hospitals, and the healthcare community are all guilty of over servicing their respective needs.
It will not be us, but our children and grandchildren who will suffer the consequences of a system completely run amuck. |
