UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev | Next
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 78150  
Subject: Re: Beginner wants to invest beyond ROTH IRA. He Date: 9/5/2011 3:17 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
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.


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?

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Fool One Central

Look at the Total Risk
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 Glassdoor #1 Company to Work For 2015! 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.