NYT: "Health insurance premiums are expected to rise an average of 8.8 percent, according to data compiled by the benefits consulting firm Aon Hewitt. Employees’out-of-pocket expenses are expected to increase 12.5 percent from 2010, in the form of higher premiums, higher deductibles, higher co-pays and co-insurance, or all of these, said Sara Taylor, health and welfare solutions leader at Aon Hewitt.
This is fantastic news. Really. Only when the average American has been bled dry by our current system and sees 12% increases a year when their paycheck goes up 3% a year will we ever see any real reform in this country, and they see that quality health care cannot be provided in a "free market" environment, and they will begin to realize what the rest of us are going through.
I actually thought this breaking point had occurred in the 2008 election. But apparently not. So bring it on. A 12% increase each year will so quickly overwhelm a 3% increase a year that it shouldn't take but one, or at most two, more presidential cycles.
Of course, the insurance companies will fight to the end -- and I do mean the end -- before they give up their extremely profitable monopoly. And Americans don't have anything near like the balls of the French, who stop fuel shipments just because someone wants to raise their retirement age. Who says the French don't have courage?