UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next
Author: Anes One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 741202  
Subject: Re: Do the rich carry health insurance Date: 2/20/2000 3:36 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I was wondering if the very rich carry health insurance or if they are "self-insurred."

Whats your idea of rich? I can't tell you how many times I have been stiffed or they have argued about my fee. I am talking about the mega rich.

My opinion is that most people should carry a high deductable policy ($2500) and pay for most things out of pocket. If you can look into a Medical Savings Account.

For instance, a 44 year old can get a $2500 deductable
PPO for $123.50/month. It has a $5,000,000. Lifetime max. I'll bet thats twice most group max. Setup a MSA and pay the $2500 deductable with pre tax $.




Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Nu Skin Showing its Age?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement