Quote:
Originally Posted by tadd
I came to realize that just like your car, whats it worth to you not to have to pay monthly for a possible big payout later?
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The difference is with a car your loss is limited to the value of the car. With health, the amount it could cost you is virtually unlimited.
Someone pointed out that a short hospital stay can cost you the $14k you are spending on insurance every year.
I'm on medicare now, but for the past few years I had a high deductible plan to limit my exposure and maxed out my HSA. Some years the $3600 I could put in the HSA wasn't enough.