Those are expensive rates for cellular service. I am assuming that this is prepaid all the way or is the monthly way a contract. I know with other carriers you can pay 59.99 and get 900-1000 minutes and unlimited nights and weekends and even for some, free mobile to mobile.
Sry...VZW is trying to phaze out of offering pre-paid..at least to what I've seen. VZW's prepaid...available in few locations offers 10 cents/min with a $1 daily access fee...regardless of usage..and you only get unlimted VZW to VZW.
All other VZW plans require at least a one year contract.
Virgin is prolly one of the cheapest pre paid options available. No daily access fee..no credit check..and no contract.