Friday, September 11, 2009

A little perspective on health care costs

Mona Charen passes on this received email:
Having seen the response from one of your correspondents that health insurance is too expensive for recent graduates, I thought I would check to see if much had changed in the last 15 years. When I finished my graduate degree, my first employer in Richmond did not provide health insurance, but I was able to get an Anthem (formerly Blue Cross) policy in Richmond, VA for about $75.00 a month. According to a brief internet search, a 25 year-old non-smoking male living in Richmond, Virginia can get a basic Anthem policy (much like an employer is likely to offer) for $111.00 a month with a $500.00 deductible and $30 copays or $79.00 a month for a $2,500 deductible and $30 co-pays. Thus, your other correspondent is not stretching when he referenced "Cable TV". Give up the Comcast Triple Play and get health insurance. Alternatively, give up one or two nights out a month, and cover your health insurance. What the correspondent seems to miss is that he cannot logically maintain that health insurance is so important that it is a moral obligation for the government to provide it to all of its citizens, but it isn't worth two dates at TGIFriday's a month for an individual.
Something to think about while considering whether we should spend a trillion dollars we don't have.

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