I just received the bad news about health care costs for next year. This is becoming an annual bad day. Tea baggers are complaining about taxes but health care is what is going up at alarming rates.
We have about a 30% increase over that last three years. Just a little above inflation. We, my wife and I, currently pay more for health care than we do in income taxes. Consider that out of my monthly premiums 25-30% is for administrative costs as opposed to medicare that runs 3-5% administrative costs. I think I'm helping a health care executive to make yacht payments.