No. of Recommendations: 1
When I retired early I had to buy an individual policy. In the ten years before I qualifed for Medicare the premium tripled and I had to more than triple my deductible/co-pay out of pocket to keep it from being even worse.

I was in great health and had only a couple small claims in those ten years. The insurance company paid out less than $600 in total. Your health doesn't matter much. They'll raise premiums based on overall experience with all insured. Of course, you never know when your health may take a turn for the worse or you may have an accident. Going without insurance, unless you are very wealthy, is not smart.

If you can work a few more years and stay in a group program in retirement, you may be better off to do it.
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