
Fed Up: Catastrophic Health Insurance Eliminates High Health Insurance Costs
If you're anything like me, you're fed up with high health insurance costs.The LetterEvery year, I get the dreaded letter in the mail from my insurance company saying how they appreciate my business, but rates are going up 10% again this year. Usually it's an increase of $70 or $80 per month, since we have a family plan.The truth is that my insurance company isn't necessarily "ripping me off," though it feels like they are sometimes. They aren't the only company raising rates each year. All health insurance companies are. They have to in order to keep up with medical inflation, and be able to cover my "possible" future medical expenses.Why is My Health Insurance Premium Increasing?Because the cost of hospital stays, medical equipment, and other medical services is rising, the insurance com...