Wednesday, November 10, 2010

What is your opinion as to why health insurance costs so much?

We recently got a quote for health insurance for $614! That is with employer paying half of employee's portion. Am I crazy or is this a bloated amount?
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Of course health insurance is very costly today even in a group plan. You may be better off looking into health insurance for "yourself" only and not subjected to the groups loss ratios. It's worth checking into if your health is good and then at least you'll know if you can do better elsewhere. The other advantage is if your company chooses to drop their group plan or you leave this job you will not be affected. Know your options!
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