I’m guessing that most people with insurance have absolutely no idea how vulnerable they really are. I understand it and still have a hard time getting my head around it. It just boggles the mind.
I do, that is why I was setting aside money every paycheck when I was working. I did not participate in the company plan. The money that would have gone into the plan went into the investments. I just wish I could have taken it pre-tax. When I was laid off, it was no big deal.. I had all that money to cover any illnesses, plus additional funds to cover being unemployed.
If you get laid off, you get screwed over by insurance.. it is not as ‘guaranteed’ as people are led to believe.