The average bankrupt person surveyed had spent $13,460 on co-payments, deductibles and uncovered services if they had private insurance. People with no insurance spent an average of $10,893 for such out-of-pocket expenses.
So is it cheaper to not have medical insurance. The average difference seems to be a couple of thousand dollars! Maybe CNN was just careless here, or maybe Reuters was, since it’s a Reuters report, or maybe I “read” it wrong.
In any case, nothing can beat how I was puzzled when I heard the local WMFE (an NPR member station) announcer said, “Pick up your phone and dial xxxx now, it only take about a minute and ninety seconds to make your contribution.” Hold it right there – a minute and ninety seconds?
Oh, and by the way, I finally donated $20 to WMFE – I figure it is worth it since it’s the only station I listen to nowadays while I am driving. The music is good, the news is unbiased, and the specials very interesting. Sometimes, some of the pieces they play lifts me up on wings – like the Invitation to the Dance they aired yesterday on my drive to school. I originally intended to donate $36.50 – ten cents for each day in the year, but then I figured I don’t drive everyday 😉