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Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: Beginner wants to invest beyond ROTH IRA. He Date: 9/5/2011 3:17 PM
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reallyalldone writes,

Depending on the monthly health insurance premium and the number of loopholes in the policy that could still cause bankruptcy if he gets sick, I could see holding off on the health insurance until I had more financial assets to protect.

Speaking from a bit of experience, health insurance can also determine both choice of treatment and speed of access to that treatment. It may also show that you are insurable in the future. At that age, health insurance with about a $2500 annual deductible is under $200/month.

</snip>


That's correct. A $2,400 health insurance premium and a $2,500 deductible is almost 20% of a $25,000/yr income. I'd certainly look closely at an expenditure of that magnitude. I agree that having insurance might give you access to better care -- but at what price?

intercst
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