Quote:
Originally Posted by onewhippedpuppy
At this rate I'm leaning heavily towards a catastrophic insurance plan and putting the rest into a savings account. My wife and I are 34, non smokers, no risk factors, kids 4/7/10 also in good health.
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I sat down and calculated the costs during a minimum year, maximum year, with different types of policies. I found the Catastrophic Care plan when tied with a HSA (Heath Savings Account) is the most cost effective plan.
Remember - the better networks will cost more money. We paid more for a better network.
You need to do the above analysis for yourself. With the Affordable Care act, there were changes and my analysis may not hold. Our plan was grandfathered and is still about $200/month cheaper than the most similar plan under the ACA.