Healthcare or a Hyundai?
The average cost of healthcare for a family of four this year has increased nearly 7% to $20,728 annually, according to a new study by benefits consultant Milliman, or similar to the cost of a mid-size sedan.
A quick online search turned up a 2012 Hyundai Elantra selling for $20,728 in Michigan sporting “volcanic” red paint. You can nab a 1956 Chevrolet Bel Air in Santa Maria for the same amount or for better mileage a 2010 Toyota Prius with just 36,000 miles in Miami.
Milliman said the 6.9% annual increase was the lowest it has recorded in 12 years of its survey, but the jump in dollars from last year was the largest thus far at $1,335.