We just got our annual letter from the insurance company in the mail. The old “we’re sorry, but due to the increasing cost of medical procedures…” letter that tells us we need to start checking the couch for loose change. The year the damage wasn’t that excessive… only seventeen percent more than last year.
I did some quick figuring. If rates continue to increase by the lowest percentage that they’ve gone up the past four years, and there is no indication that they won’t, in fifteen years our policy premium will cost over thirty-one thousand dollars per year.
For one person.
And it’s the very best price we can get. Highest deductible. One person (we’re with different companies).
Thirty one grand per year.
How is this not broken?
(file this under politics for obvious reasons)
