<<As a self-employed person, I pay $1200/month for health insurance for me and my wife. Both high-deductibles. That doesn't guarantee me I won't suffer some illness that leaves me broke. It helps, but there are no guarantees.>>
$14,400 per year for health care insurance with high-deductibles.
Average wage in US for 2007 is $40,000.00
Lets see,take off $ 8000.00 for income, state ,other taxes leave $32,000 .00
Take off $6000.00 for food leaves $26,000.00
Take off $ 2000.00 for house utillities leaves $24,000.00
Take off $2000.00 for house, car, life insurance leaves $22,000.00
Take off $6000.00 for car payments leaves $ 16,000.00
Take off $1600.00 for gas, maintainance for car leaves just enough to cover $14,400 per year for health care insurance but not enough for deductables, dentist, clothes, hair cuts, holidays,TV, internet, cell, once a month eat out at Mickey D's or FUN and etc. and nothing left to pay the mortgage.
It is not surprising why the average US wage earner chooses not to have health care insurance. |