invest in healthcare companies
January 15, 2003 11:24 AM
Because I just realized that my yearly raise (small, based on me not having worked long at my company) combined with increased health insurance premiums means that I'll make less this year than I did last year.
And unlike car and house insurance, which allow you to choose to be more or less insured (say, my old car is only insured for anything it runs into), in most situations you can either choose to be insured or not. Take whatever the cost is, or take nothing - no exceptions if you only go to the doctor once a year.
I know that the healthcare companies in which my old mutual fund invested some of my contributions are the only ones from that fund posting anything vaguely resembling profits, but I'm still peeved.
So now I understand why my small company changed insurance providers every year - we always got new customer discounts, so I never paid anything out of pocket for the privilege of being insured. Now I'm paying stupid money for myself and my partner, and he doesn't even use his health insurance. We should have kept him on his cheaper, less comprehensive coverage. It was stupid to think big company provided health insurance would be a good idea.
[Of course, I have to add - later, feeling less miffed - that I make perfectly fine money to begin with, and that things could be much worse.
I mean, I could be poor. I could be working three minimum wage jobs (same thing, right?) Or I could have had ten percent of my salary taken away and converted to "incentive" pay.
Also, I saw a woman wearing cow-printed fleece booties at the office yesterday evening.]
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your wicked thoughts
What is this raise of which you speak?
these are the thoughts of revolution9 on January 16, 2003 08:33 AM
ah, i just got a tiny raise in december. it's a year-end thing that everyone gets. at my last job, i took a big paycut at one point, so spending my raise + $50 a year for healthcare really isn't that big a deal.
what a whiner! ;)
these are the thoughts of april on January 17, 2003 09:05 PM
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