11-08-2013, 08:36 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
[P]rincipal Findings
Per capita lifetime expenditure is $316,600, a third higher for females ($361,200) than males ($268,700). Two-fifths of this difference owes to women's longer life expectancy. Nearly one-third of lifetime expenditures is incurred during middle age, and nearly half during the senior years. For survivors to age 85, more than one-third of their lifetime expenditures will accrue in their remaining years. ...
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1361028/
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This is from one state's data, one insurer (Michigan, Michigan Blue Cross Blue Shield) and from 2004.
Maybe, closer to $450,000 would be a more current number. Doesn't seem to me that the new Obamacare costs are not that far from reality. There is a lot of "pork" in this new legal requirement.
So, a new tax and universal healthcare would be a more acceptable alternative?
We are on the roadmap to that anyway -- just a matter of time ...
Maybe, there should be another alternative: You have insurance or cash up front -- or you are left to die in the street.
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