Quote:
Originally Posted by Ironic Mustache
That's a little bold. In-state resident tuition at the University of Texas Southwestern Medical Center is $13,000 per year. That times four years is $52,000. If an employee pays half of $1,528 per month ($764), then the cost of going to medical school is the same as the cost of health insurance, over the course of 68 years for two people.
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No it's not. The premium itself $1528 x 12 = $18,336. Four years of premiums cost $73,334 at the current price. Even if the premiums were $764 that comes out to $9,168 per year. If I don't subsidize it, that's what it costs. And that is still more than the in state tuition of Baylor, Texas A&M, and almost the same for UT Houston. FWIW, UT Southwestern was $11,212 for 2008 when I looked it up. Then again the cost of premiums in 2008 was closer to a $1,000 per month.
By the way, $764 X 12 = $9,168/2 = $4,584 X 68 years = $311,712.