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<blockquote data-quote="Bagels" data-source="post: 1076927" data-attributes="member: 43436">Re: Health Benefit ShockWhen a 24-year-old goes a hospital, gets a 200K bill, and skips payment, who pays for it?&nbsp; Taxpayers.&nbsp; Oh, and by that time the 200K has morphed into 400K because it includes interest, penalties, collection costs, etc.&nbsp; The reality is that most young adults continue to live with their parents (something that was unheard of just 20 years ago), and the parents continue to accept responsibility of their kids.&nbsp; Usually, this isn&#039;t by choice but rather the costs of forming a household vs. the wages available.&nbsp; It amazes me how many older folks will say &quot;when I was 18, I had a job at UPS and moved out of my parents house.&quot;&nbsp; Yes, you were making $11/hour during a time period in which a new, midsize car cost $5K, a decent home in the suburbs cost $20K-$50K (depending on your location), and a BigMac was less than $1.&nbsp; Today, you&#039;d be starting at $8.50 in an era when a new, midsize car costs over $22K, a decent home (well, we know what those cost) and BigMac retails over $4.&nbsp; Wages simply haven&#039;t kept up with inflation.</blockquote>

[QUOTE="Bagels, post: 1076927, member: 43436"] [b]Re: Health Benefit Shock[/b] When a 24-year-old goes a hospital, gets a 200K bill, and skips payment, who pays for it? Taxpayers. Oh, and by that time the 200K has morphed into 400K because it includes interest, penalties, collection costs, etc. The reality is that most young adults continue to live with their parents (something that was unheard of just 20 years ago), and the parents continue to accept responsibility of their kids. Usually, this isn't by choice but rather the costs of forming a household vs. the wages available. It amazes me how many older folks will say "when I was 18, I had a job at UPS and moved out of my parents house." Yes, you were making $11/hour during a time period in which a new, midsize car cost $5K, a decent home in the suburbs cost $20K-$50K (depending on your location), and a BigMac was less than $1. Today, you'd be starting at $8.50 in an era when a new, midsize car costs over $22K, a decent home (well, we know what those cost) and BigMac retails over $4. Wages simply haven't kept up with inflation. [/QUOTE]

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