Reply to How much to retire in late 50's?

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Reply to "How much to retire in late 50's?"

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[quote=Anonymous][quote=Anonymous] :roll: 
Health insurance is going to be just as expensive regardless of whether "cost sharing" payments are changed.  It is just a question of whether the policy holders pay for or the taxpayers.

The only way to change the cost of health insurance is to change its attributes: what it covers, what the co-payments are, and to what extent the insurers get a break and health service pricing and the extent to which they pass these through to policy holders through billing practices.

Paying for pre-existing conditions is fundamentally not insurance.  It is a direct subsidy from other policyholders or taxpayers to people with pre-existing conditions.  Unless politicians start talking honestly about insurance issues, we are never going to get out of this mess.
Remember, if it truely costs $30K per year for healthcare, that is roughly half of the median household income in the country.  That is simply unsustainable.[/quote]

Applause Applause Applause Applause[/quote]

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