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Old 05-01-2016, 11:21 AM
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Rileyoriley Rileyoriley is offline
Arlington Park
 
Join Date: Sep 2006
Location: The Snowy Woods
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Quote:
Originally Posted by jms62 View Post
Strategy worked for you. But like any strategy they work until they don't. And yours seems like you are pushing all in every year. I would think everyone that faced a catastrophic bankrupting illness one day crossed the line from health costs being a non issue to a catastrophic one.
You're talking about catastrophic insurance. I would have no problem buying a catastrophic only policy. Used to have that, affordable monthly premiums with a high deductible (25,000). Can't get one anymore. Now every plan has to cover everything. Prescription drugs, birth control, wellness visits-that's why the costs are so high. I live in Mass. We have the highest premiums in the country. We've also had the mandatory insurance longer.
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