5 heart attacks and 6 operations. They paid more out than taken in. BUT, I have paid in for many years and have taken not much more than a few flu shots and doc visits out, so I am behind. It is supposed to balance. Individual plans are tailored to weed out anybody who actually needs health care.
Health care is broken, no matter if you agree with Obamacare or the idea that nobody should have a group plan tied to work. Obama has done nothing to help the situation of middle class/ working class people. Reforming tort law only works if you can decide who is a fraud and who has legitimate complaints. A settlement of a million bucks sounds high unless you figure what it costs to give lifetime care to someone who is disabled through a actual mistake.
Taking profit out of the thing leads to a slippery slope--where does the difference come in, doctors, insurances, then how about drug companies, then the makers of appliances, then the steel supplier for them? That leads to the good sounding and bad working: "from each according to his ability, and to each according to his need".
Hopefully, the new "help" that is supposed to be offered for premiums will work, whether we agree with the whole thing or not.
Wife has medicare now, I get it in the spring if there is any of it left. Where did all that money paid in go? When it comes to saving for retirement or anything else, the powers to be always tell us how much putting X amount of dollars away at compound interest will build; guess they spent it for me beforehand.
