I had to deal with changing health insurance today with the business office at the womens clinic that Laura goes to in preparation for our new baby. That gave me the opportunity to review prices for their services. I discovered something very disappointing. In the last year, with insurance through my work, I have paid as much in premiums (not counting what the company was supposedly paying toward the premiums) as the clinic would charge an insurance company. The only money I saved by having insurance, even with the large medical expense of having a baby, is that I am not being charged the higher prices that they charge those who don’t have insurance. I don’t quite understand that policy. Why should they charge more to those people who can’t afford insurance? Isn’t that like kicking a person while they’re down?
Anyway, that’s the insurance racket. My portion of the price of insurance every year is enough to pay for a major medical procedure, like 9 months of prenatal care plus delivery and a hospital stay.If we weren’t having kids I’d be throwing away a new car every year in insurance premiums – and that’s when the company is paying the bulk of the costs. If I were to pay for that insurance myself for three years I would have paid for a major injury – like being seriously hit by a car. If I put that money into my house instead of my insurance I would have the house paid off in 11 years from the time I bought it.