Today on WUNC, as I often do, I listened to The Story hosted by Orange County, NC’s own Dick Gordon. Today his guest was a man from western North Carolina, Steve Minnick, who was having difficulties remaining in his construction job due to post-polio syndrome and didn’t want to quit his job in order to spend a few years waiting for Social Security disability to come through. They would have had to live off his wife’s earnings, which they determined were not enough. Since Steve was seven years shy of qualifying for Medicare without disability, and he and his wife both had pre-existing conditions which make health insurance expensive, they devised a plan to sell their mountain home, move to a lake by Guadalajara, Mexico and live there for seven years under the Mexican national health system until they could move back and get Medicare.
The plan was either ingenious or crazy from the start, depending on how you look at it, but no matter how you face it, it seems Steve and his wife had a problem handling their financial matters. First, they bought a $250,000 house by the lake in what is obviously a trap for foreign expatriates near Guadalajar, rather than a simpler condo, or renting, or finding a place not swarmed by rich Americans driving up the prices. Secondly, Steve repeats throughout that the Mexican equipment he saw was absolutely amazing, that the clinics were open 24 hours seven days a week and staffed with 20 types of doctors at all times– the way he describes it, it seems like a paradise. However, I suspect that Steve and his wife didn’t do much traveling within Mexico or get to know the locals (he stumbled a bit when asked if he was taking a bed from a local, or how on Earth this whole system was paid for, exactly), as I have done. I have seen “actual” Mexican hospitals, not lavish ones geared to rich Americans, and they made me glad for even our rural American hospitals. Perhaps I’m a misguided cynic, and there is another reason besides the million-dollar home dwellers that Mexico might have these lavish facilities, but in that case I’m wondering why I didn’t see them in the rural towns I stayed in or the mid-sized cities I visited on my missions trip to Mexico. Perhaps the technology just hasn’t spread and is on its way
But Steve never considers any possibility beyond every hospital in the country looking like this, for only $100 a year! Sign me up!
He does make the point that $100 to a Mexican is a small fortune. Money buys more there.
So finally, Steve and his wife had to leave their $250,000 lakeside manse and move back stateside. It wasn’t anything about Mexico per se, but it was the financial collapse that wiped them of $300,000 in savings. Ah, so the truth begins to come out. $300k in savings wasn’t enough to live on in America or buy health insurance, even with a pre-existing condition? Most Americans wish they could have $300,000 in savings plus a $250k house. Anyway, whatever the case, Steve is now $300k lighter, is back to his construction job, and pays $200 a week for health insurance, or $800 a month, or less than $10,000 a year. This is the same price he thought was insurmountable a few years ago before the move to Mexico, when he had $300,000 in the bank. This is health care that is saving his life, that people of generations past only wished they could have had access to. Steve is now a “flaming liberal” because he thinks everyone should have world class health care for $100 a year, and he should not have to pay anything near what he is paying for his premiums. Like a lot of former Republicans, Steve is a Republican when it comes to getting his money, but when it comes to spending it, he wants a government bailout for his pet cause.
The bottom line of “The Story” is that Steve and his wife had more than $500,000 net worth when you include their house, and yet they didn’t want to spend 2% of that (yes, folks, that’s probably even less than the interest his money was gaining each year) for health care premiums. They wanted to spend it instead on buying a Mexican lakeside mansion in a rich people’s resort in a town with “the best weather in the world” and fix up the mansion because, as Steve explained, it was nine or 10 years old and needed updating. (!?!) I’m guessing they spent more than $10k on those upgrades, but maybe we’ll hear from Steve himself some day, in Part 2 of his “Story.”