Hang on to your wallet. Health Insurance Companies are seeking rate increases.....big ones!! ....new customers turned out to be sicker than expected. Article
Over the last 10 years I've seen more of our health care system than I ever wanted to. My quick (and relatively simplistic) observation is that increases are mostly due to:
1. Insurance companies 2. Drug companies 3. Hospitals (surprisingly).
I agree with westernrvparkowner about MD salaries. The new MD's are starting out with education debts of hundreds of thousands of dollars. That can't be paid off with $50 per hour jobs.
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