Thinking about my Dad again today. (See Tip # 621).

Our family business had what in 1970 passed as a pretty darn good Major Medical Plan, covering about 125 employees. The lifetime maximum sticks in my head because Dad’s episode of care – consisting of surgery and follow up treatment over just three months – approached the $50,000 limit.

Today there are NO lifetime limits on most Plans.

And, what about cost?

According to the Bureau of Labor Statistics, in 2025 salaries average $31.89 per hour accounting for 70.3 percent of employer costs, while benefits average $13.49 per hour accounting for the remaining 29.7 percent. (Seems a little low to me.) More HERE. 

There may actually be some payroll records from 1970 in my storage locker. I’ll save that search for a rainy day when I have an ample supply of SSRIs!

Another comparison of note.

Ted Kennedy and John McCain died from the same cancer as Dad; the former living just 15 months after diagnosis, the latter 13 months.

And the cost for those additional months? 

Millions!! US News Most Expensive Medical Procedures HERE.

Miss you, Dad.

Happy Father’s Day.