Courtesy of FRED
This shows a problem and why blaming each other is a distraction being fanned by the core of the problem itself.
The personal part of insurance rates have gone up, and employees are yelling: what do you mean I have to pay more… I’m paying double already!
The corporations are telling their employees. We can’t afford to take up more of your insurance rates! We’re paying double already….
The big answer is why?
When George W. Bush ran for president, the following groups funded over 90% of his campaign.
Medical Corporations and hospital chains
We know what happened to energy during his two terms. We just learned what happened to medical and insurance that same time frame.
Obviously the extra money is going into the Medical Corporations provided insurance companies are cutting checks for an excessive number of claims over what it did in 2000, or into the insurance exec’s pockets, if they are not….
As a grand experiment, Delaware should allow anyone to buy into its Medicare option as an option for meeting the required claim to have Medical Insurance.
The graph simply shows why.