|
|
|
|
#3
11-16-2005, 03:49 PM
|
|||
|
|||
Re: Health Insurance EV question
Given the fairly new laws regarding Health Savings Accounts (HSAs) I can't see why it would be practicle to be without health insurance.
Here's a linky to explain them a little further. Basically you get a high deductable, lower cost policy and get to contribute the amount of your deductable every year before taxes and the amount of the deductable that you don't use grows tax free. Health Savings Accounts 
|
|
#4
11-16-2005, 05:58 PM
|
|||
|
|||
|
Re: Health Insurance EV question
HSA's are by far the most sensible innovation in U.S. health care in decades. Unfortunately, hardly anyone knows much about them. MSA's, their former incarnation, had the same problem.
MSA's had a fatal flaw: they didn't allow deductibles over $2000/yr. (Why? Apparently, politicians consider high-deductible plans to be "well-person plans" -- i.e., for the rich.) HSA's now allow up to a $5000 deductible. There's no guarantee HSA's will last, as they are quite controversial. But for now, the time and trouble of setting one up is likely a very good investment.
|
|
#5
11-16-2005, 08:45 PM
|
|||
|
|||
|
Re: Health Insurance EV question
[ QUOTE ]
Also most people under 35 will not have any major illnesses except an injury from an auto accident. Accident related injuries are usually covered by your auto insurance. [/ QUOTE ] Correct that most won't, but life is unpredictable and it is all too common for weird medical issues to arise. $75,000 later worth of chemo, scans, etc. I would disagree with you that thinking you can go without insurance. One of the reasons those who play poker professionaly and discount the value of medical insurance as a benefit bothers me. Also get life insurance while you are still eligable and it is pretty cheap! I have some, but not as much as I wish I did. I am great today and expected to live a full life, just don't qualify for anymore life insurance right now.
|
 |
|
|
Hybrid Mode
