Sep 19th, 2009
Health Care Costs Can Hurt
It’s clear that one of the issues we’re all facing is the cost of health care and medical insurance (full disclosure: I work in health care). This week the open enrollment packet for my 2010 benefits showed up and it wasn’t pretty.
For the first time since I’ve worked at this job, we’ll have to pay for our dependents to be covered, and since my dependent is my mother, I’ll have to pay post tax rather than pre-tax. That’ll definitely be a lot more than its been up to now (I basically paid the tax on about $160 a month; now I’ll be paying the $160–or so–a month).
The more upsetting thing to me is that at this moment–open enrollment does not start until the 18th–is that nowhere in this packet does it include the costs I can expect to be paying. The $160 figure above is something I made up based on 2009 costs.
I’m going to have to spend more time looking at this once the figures actually come out.
I feel your pain. For the last four years, I’ve had over $10,000 each year in health care costs, mostly from a daughter that has Crohn’s disease and my wife having a slipped disc in her jaw (of all places).
I’ve always paid my health insurance post tax, but that’s just because of tax reasons (needed the deduction!).
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