The Causes of Blue Cross’s Rate Hike (and solutions to our health care crisis)

I already have laid out my brief thoughts on the recent, substantial rate hikes on New Mexicans in the individual health insurance market. Because of the importance of the health care issue to the state and the nation, I decided to expound a bit more on the problem of rising health insurance costs and health care inflation more generally.

The article appeared today in the Deming Headlight. Check it out. I explain why President Obama’s health care plan is destined to fail.

As an aside, I recently received my health savings account statement. I now have more than $6,500 saved in the account after just four years in possession of the account. How much money have you saved through your insurance policy to put aside for YOUR future health care costs?

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2 Replies to “The Causes of Blue Cross’s Rate Hike (and solutions to our health care crisis)”

  1. First and foremost, Richard, please notice that I approved your comment. Secondly, I’m not sure what “wingnut welfare” has to do with a health savings account. It is a low cost way for particularly young people starting out in the work force to obtain affordable health care. Exactly how is that a problem?

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