{"id":177,"date":"2005-05-06T15:58:46","date_gmt":"2005-05-06T22:58:46","guid":{"rendered":"http:\/\/www.stardel.com\/eg\/?p=177"},"modified":"2005-05-06T15:58:46","modified_gmt":"2005-05-06T22:58:46","slug":"health-care-costs-expected-to-soar-over-next-decade","status":"publish","type":"post","link":"https:\/\/stardel.com\/eg\/2005\/05\/health-care-costs-expected-to-soar-over-next-decade\/","title":{"rendered":"Health-Care Costs Expected to Soar Over Next Decade"},"content":{"rendered":"<p><a href=\"http:\/\/www.commondreams.org\/headlines05\/0224-03.htm\">Health-Care Costs Expected to Soar Over Next Decade<\/a><\/p>\n<p>This article discusses some of the pending healthcare cost rises. From an est. $1.9 Trillion in 2005  to $3.6 Trillion in 2014.<\/p>\n<p>I want to look at the per person costs for healthcare. For 2005, I will figure on a Population of <a href=\"http:\/\/www.census.gov\/population\/projections\/nation\/summary\/np-t1.txt\">290 Million<\/a>. For 2014,  I will use 310 Million.<\/p>\n<p>Using the numbers above, our health care costs average $6,552 per person in 2005, rising to $11,613 in 2014.<\/p>\n<p>If we consider insurance as a shared risk pool, it would seem to me that for a $6552 a year everyone should should get into a health insurance plan.  I will even give up $552 a year for as a deductible and say $6000 a year. For Elaine and myself, a  mere $12,000 a  year will cover us for healthcare; rising to $22000 a year in 2014. (I am going to a $613 deductible in 2014) .<\/p>\n<p>Of course, this insurance pool needs to include EVERYONE, from newborn babe to deathbed pensioner.  If we allow opt-in\/opt-out options, then many sub-30 people will opt-out because &#8220;We are in the Pink of Health!&#8221; And a family with 8 kids and 2 parents will face an annual insurance bill of $60,000 with a $5520 deductible. Somehow, I don&#8217;t think that will be economically viable from the family&#8217;s point of view.<\/p>\n<p>My numbers  are a bit higher than the article&#8217;s. I think I am assuming a lower population number, but our costs per person are close. The upshot would appear to be that while a wage-earning individual faces a reasonable average payment, the gross family payments  account equal or exceed the <a href=\"http:\/\/aspe.hhs.gov\/poverty\/04poverty.shtml\">poverty level<\/a> for a family of 3, or greater. (The single Poverty rate is greater than the $6,552 for a single healthcare share. The family of 2 Poverty rate is just just less than the $13,104 healthcare rate for two.)  Something seems askew when the poverty rate doesn&#8217;t include   health insurance costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Health-Care Costs Expected to Soar Over Next Decade This article discusses some of the pending healthcare cost rises. From an est. $1.9 Trillion in 2005 to $3.6 Trillion in 2014. I want to look at the per person costs for healthcare. For 2005, I will figure on a Population of 290 Million. For 2014, I &hellip; <a href=\"https:\/\/stardel.com\/eg\/2005\/05\/health-care-costs-expected-to-soar-over-next-decade\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Health-Care Costs Expected to Soar Over Next Decade<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,12],"tags":[],"class_list":["post-177","post","type-post","status-publish","format-standard","hentry","category-general","category-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4NpF-2R","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/comments?post=177"}],"version-history":[{"count":0,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/177\/revisions"}],"wp:attachment":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/media?parent=177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/categories?post=177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/tags?post=177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}