An Op-Ed by Judith White Bridger in the Lansing State Journal inadvertently shows one way that universal health coverage could severely inflate America’s health care spending:

I live in East Lansing, I’m 64, a retired small-business owner who is divorced. My house is paid for, I drive a high-mileage automobile – and I’m uninsured. My health care expenses since 2005 have come to a rip-roaring $400.

According to the AARP Web site, insurance premiums and deductibles for my age and location for the same 4 1/2 years are estimated at between $22,500 and $36,000, when a trip to a local Redi-Care cost about $95, and an accompanying antibiotic prescription can be filled at Meijer for free.

So coverage for this woman — by AARP’s estimation — would cost the country $22,500–$36,000 over four years, but her actual health expenditures came to “a rip-roaring $400.” Universal coverage would cost $22,100–$35,600 more for this woman than simply letting her cover her own costs, which she can afford — and even if she couldn’t, certainly insurance coverage wouldn’t be the most cost-effective way of making sure she received health care.

Stay Engaged

Receive our weekly emails!

The author also shows the true face of many of Michigan’s uninsured: financially stable and able to afford health care, but uninsured because it’s a more financially prudent choice.

~~~~~

Related Articles:

Legacy Society

Dearborn School Superintendents And Budget Tales

Mackinac Center Director of Labor Policy Selected for Trump Agency Landing Team

December 9, 2016 MichiganVotes Weekly Roll Call Report

Michigan's Economy Best In Midwest, And It's Not Just Cars

Critic Still Misses Mark on Detroit Charter Research

Share