Today, the LA Times reported that the price of health insurance for people who get coverage through work jumped 30 percent between 2001 and 2005. Thirty percent. And wages were up just 3 percent. While we might want to beat up on insurance companies, there’s a much bigger problem. The cost of health care is out of control. I’ve blogged about how the increases in the cost of health care pales in comparison to the increase in the cost of living. And who pays for it? You and me.
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