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Bernie all insurance is a gamble - the insurance company bets TOTAL claims will be small enough so that make a buck. People like you and I bet our claims will be large enough so the insurance makes sense.

With health as one gets older the odds increase toward our winning our bet.

My wife and I assist a friend who really had zero sick days for the first 72 years. She litterly walked 3 miles every day (rain, snow, Christmas - everyday) for over 25 years until her heart began an irregular heart rhythm. Result was a stroke and medical costs beyond medicare of over $20,000 per year - that is not nursing care. Her health is excellent otherwise and she probably will live many years.

Self insurance when one can afford the expenses is great, but each of us needs to consider the costs particulary when it will be difficult or impossible to reinstate the insurance at a later date.
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