Hold on!!! Here we go!!!

If the current economic recession we are experiencing is not enough. We now have to deal with the rising cost of health insurance. I can’t argue that health insurance is not necessary. Given my families medical history it’s a must for me and my siblings.

After reading a few articles, I am dumb founded as to why the cost of health insurance is rising at unseen before levels. What is contributing to the rise....greed, lazy people on welfare? Inflation is only 2-3.5% yearly. It is hard for hard working Americans to keep up. Workers are now paying $1,400 more in annual in healthcare premiums for family coverage than they did in 2000. It is no wonder why there is a growing number of uninsured Americans.

Some national surveys show that the primary reason people are uninsured is the high cost of health insurance coverage. Nearly 47 million Americans are uninsured; the United States still spends more on health care than any other industrialized nation.
Premiums for employer-based health insurance rose by 6.1 percent in 2007. Small employers saw their premiums jump as well with an increase 5.5 percent. Smaller businesses with less than 24 workers saw a larger increase of 6.8 percent.

Health care spending is 4.3 times the amount spent on national defense. Hopefully Barry and his band of merry men and women can help once he takes office Jan 20 2009