An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Sunday, July 30, 2006

Health Insurance Cost

A 2005 survey by the Kaiser Family Foundation and the Health Research Educational Trust found that the average cost of health insurance for a family of four has passed $10,000—up 73 percent since 2000, with a corresponding increase of only 15 percent in wages. The report says that soaring premiums are "the latest sign that a relentless rise in premiums threatens to collapse the central pillar of America's health insurance system: job-based health coverage." Kaiser's president, Drew Altman, says, "We are seeing a slow deterioration of our employment-based health insurance system, which is the backbone of healthcare in this country. It's unraveling at the edges."
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