- Apr 1, 2006
Kind of reminds me of the cost of college. When I first went to school in the mid 90s, it was $100 a course hour. Went back 3 years ago, and the same school now runs at $400 a course hour.It is also unsustainable. It is, and has been for decades, increasing in cost far greater than inflation. I know most people these days aren't that good with exponential math but eventually curves so here it is one for everyone:
For a while it's fine, then you start noticing the increase but still all good, then the increase starts getting bigger and you are like "fuck this is getting expensive" (us right now) and not long after that it's "holy motherfucking shit" pitchforks and torches time.
To get back on topic though, I broke my hip playing basketball 5 years ago. My company has excellent insurance, so the whole costly thing only cost me about $400 out of pocket. I did receive the bill from the hospital for around $120k. I then received a payment receipt from the insurance company and they only paid $32k. If I didn't have insurance, you can bet I would have been on the hook for the entire amount.