Quote:
Originally Posted by FlyingScot
We need to remember that many of the most expensive treatments today did not exist decades ago. Cancer, heart disease, etc, have plenty of super expensive life-extending treatments today that were not part of the equation before--people just died. Then toss in more obesity, stress, etc, and insurance costs are up again.
Not saying the insurers are good guys--they're often heartless bastards--only that they are spending more per person due to medical advances and lifestyle declines
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A very good friend of mine just had a triple bypass 6 months ago, he also has diabetes and Parkinsons and his wife has health issues also. They told us at dinner a few weeks ago that they spend $2800 a month on drugs,
He turns 72 tomorrow and his wife just turned 68. Their Medicare supplement costs them $286 per month.