Striking Teachers

Should Kentucky’s Teachers strike? Well lets ignore the fact that a strike is illegal and get to some facts. The first point is yes their Health Care Contributions are going up. If you are a single person there is no worries you pay practically nothing. However, if you are a couple or family under the new government plan then you will be paying a minimum of $300 a month for health care coverage. This may not seem excessive until you get to the real “meat” of the plan. Which is the switch from a co-pay option to a co-insurance option. Basically, this means that if you go to the doctor and have a $1000 bill you are liable for 20% after the deductible is paid. This could get expensive very quickly. Check out this contribution table and tell me how “cheap” the payments are. Of course if you don’t have healthcare I would say that this would be pretty cheap. Food for thought.

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