Skip to main content
No. of Recommendations: 7
Health insurance is such a concern for those who retire without employer-supplied health insurance benefits. Here's my thoughts on some ideas to ways to obtain cheaper policies. First of all, start by getting an online quote at websites such as to get a feel for typical policy costs.

- Check with your credit union. Mine is now offering health insurance to its members.

- Do you have a friends or acquaintances who are also in need health insurance? Well then find an insurance agent and band together and then get group rates on your policies. Hmmmm I wonder if that could be fellow Fools. TMF staff are you listening??

- Call a few agents and pick their brains to find out if groups you are a member of or which ones you could join would make you eligible for group rates. For example, I joined the Farm Bureau, even though all plants tend to expire in my care.

- You could self-insure for most things and buy a major medical policy outside of the US. For example, health care costs in Mexico are about one-half of U.S. costs.

OK, let's hear other ideas...
Print the post  


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.
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.