Sunday, February 28, 2010

How much will your health insurance premiums cost you in 2020?

Numerous groups suggest that if congress succeeds in doing nothing in terms of health insurance reform, as it seems to be doing quite well, you will have much less discretionary money because your insurance premiums will soar.  Specifically, "[t]he typical price of family coverage now runs about $13,000 a year, but premiums are expected to nearly double, to $24,000, by 2020, according to the Commonwealth Fund. That equals nearly a quarter of the median family income today.  -source.

If doing nothing will be so expensive to us, wouldn't it be nice if there was a bill that the Congressional Budget Office determined would be either budget neutral, or actually save us some money?  This is exactly what the CBO said about the bipartisan, Wyden-Bennett Healthy Americans Act.  Ezra Klein called this "The Idea that Could Save Health-Care Reform."  If this is the case, why isn't anybody talking about it?  We'll be talking about this on Doctors Talk tomorrow.  Let's start a grass movement effort here--call your representative (phone numbers here) and your senator (phone numbers) and insist that they give this bill a hearing.

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