wheelrite wrote:I'm 47,,
and Yes most people could save.
Welfare recipients have cell phones,big screen TVs and multiple cars. People confuse wants with needs.
My wife and have worked hard for many years.we skrimped when our kids were young.
Btw,
When each of my children were born we had NO health insurance. We were in our very early 20s.I paid in advance for the 1st .The 2nd was a complicated preganancy and delivery.I paid it off in a few months.
That's what a responsible person does.Not walk awayor expect tax payers to pay for it..
That's very good for you. And I agree in that we all need to pay for our healthcare. I'm 24. I was without health insurance for about 8 months 2 years ago. I'm just happy I was healthy and I didn't need it. It was a calculated risk. It would have cost me more (very little) to pay for limited healthcare for that span. I worked and went to school during that time. I would've paid for it but it would have set me back several years.
My problem with healthcare is this... About 4 years ago I had a benign lump removed. Just a fatty tissue; from my arm. Luckily I was under my parents insurance at the time. If I had not been, it would have cost about $4,000. When I went for my operation there was a surgeon, a nurse, and an anesthesiologist. From the time I walked in to the operate room to the time I left it was about 35 minutes. It was a routine operation and I was unconscious for about 25 minutes. How did that cost $4,000? Something is wrong.
My mother felt like was having heart palpitations a few months ago. She went to the hospital because she feared for her life. She got a device to monitor her heartbeat, was observed for 12 hours, then release (with the device) for another 72 hours. There was some confusion with the insurance company, and initially my family thought they'd owe about $15,000 for this. There was no surgery or complex procedures. Something is wrong.
There are countless other cases like these. Simple procedures supposedly costing thousands of dollars when the interaction with actual doctors took only minutes. What is going on?
I'm not saying people shouldn't save, or that some people aren't responsible and do not. I save. Over 15% of my income goes straight into savings, and I'd give more if I could, but student loan payments, and other things take up more than I'd like.
The fact of the matter is, how much you save matters little when simple procedures cost so much. It's ridiculous and needs to be fixed. Insurance is a buffer between us and the insane costs. I wish everyone could afford it, but really the question is... why do we need this buffer? Why do simple procedures cost SO much?