Here’s a fact for you, lk: my company’s health insurance premiums went up 16%, effective June ’07. And, our pay raises average 5%.
Yeah, things are tough. Big deal.
That’s why we went to HSAs two years ago. A 16% rise hurts a lot less when it’s on a relatively inexpensive, high deductible health insurance plan ($4-6K per year for a family of four).
Pay for ordinary medical expenses out of your pocket, and rely upon health insurance for catastrophic coverage. Revolutionary concept.
