Health insurance – the hidden cost of US MBAs
During my two years at HBS, I spent roughly $24,000 on health insurance for myself and my family. Living in Europe before, my healthcare was paid for as part of my taxes. Single students at American universities can expect to pay between $5000 and $10,000 over the course of a two year MBA. For my money, I had access to the great Harvard medical system, and my wife had a child, so we got some of our money’s worth. But this is just one of the many extra costs of doing an MBA in America and is worth considering. Good piece by Nicholas Kristol in the NY Times today suggesting that Congress should forego its own lavish health insurance scheme if it can’t figure out a way to get insurance to the millions of Americans who don’t have it.