Where are the $100K jobs?

[Jim Jones]

I understand what you are all saying when if comes to buying what you need when it comes to health insurace, but my question to you is, as you age what will you do? Once you have a preexisting condition good luck getting better coverage. Once you start a family your going to have to get better personal and family coverage, those pre-existing conditions are no longer covered. It’s like having a perpetual liability following you for the remainder of your life that you will have to have cash to cover. I am under 30 but know that when you get old and small problems turn to chronic ones, good insurance will be a safety net worth having rather then draining the retirement account I spent my early years building up.

The lack of certainty in the health coverage sector is one of the reasons middle class jobs have been thinned out over the years. Employers looked at the cost of providing it among other things and decided there are many other 1st world countries where it is cheaper to do business with a stable educated workforce.

[barnaby33]

The problem with that theory is that you don’t stick with health insurance, unless its an individual policy. As you change employers you change policies. Going forward they are going to be more and more expensive and cover less and less.

If you have a family you are probably still better off sticking with the group policy but for those who are healthy, young or both, an individual catastrophic policy sounds like a better long term gamble. Its in the short term (while your HSA account is compounding that you run higher risk.)

Josh

[barnaby33]

The problem with that theory is that you don’t stick with health insurance, unless its an individual policy. As you change employers you change policies. Going forward they are going to be more and more expensive and cover less and less.

If you have a family you are probably still better off sticking with the group policy but for those who are healthy, young or both, an individual catastrophic policy sounds like a better long term gamble. Its in the short term (while your HSA account is compounding that you run higher risk.)

Josh

[barnaby33]

The problem with that theory is that you don’t stick with health insurance, unless its an individual policy. As you change employers you change policies. Going forward they are going to be more and more expensive and cover less and less.

If you have a family you are probably still better off sticking with the group policy but for those who are healthy, young or both, an individual catastrophic policy sounds like a better long term gamble. Its in the short term (while your HSA account is compounding that you run higher risk.)

Josh

[barnaby33]

The problem with that theory is that you don’t stick with health insurance, unless its an individual policy. As you change employers you change policies. Going forward they are going to be more and more expensive and cover less and less.

If you have a family you are probably still better off sticking with the group policy but for those who are healthy, young or both, an individual catastrophic policy sounds like a better long term gamble. Its in the short term (while your HSA account is compounding that you run higher risk.)

Josh

[barnaby33]

The problem with that theory is that you don’t stick with health insurance, unless its an individual policy. As you change employers you change policies. Going forward they are going to be more and more expensive and cover less and less.

If you have a family you are probably still better off sticking with the group policy but for those who are healthy, young or both, an individual catastrophic policy sounds like a better long term gamble. Its in the short term (while your HSA account is compounding that you run higher risk.)

Josh

[bsrsharma]

Hi nostra,

Thank you for the information. That link on HSA is helpful. Do you have a recommendation for good “High Deductible Plans”? Any that should be avoided?

[bsrsharma]

Hi nostra,

Thank you for the information. That link on HSA is helpful. Do you have a recommendation for good “High Deductible Plans”? Any that should be avoided?

[bsrsharma]

Hi nostra,

Thank you for the information. That link on HSA is helpful. Do you have a recommendation for good “High Deductible Plans”? Any that should be avoided?

[bsrsharma]

Hi nostra,

Thank you for the information. That link on HSA is helpful. Do you have a recommendation for good “High Deductible Plans”? Any that should be avoided?

[bsrsharma]

Hi nostra,

Thank you for the information. That link on HSA is helpful. Do you have a recommendation for good “High Deductible Plans”? Any that should be avoided?

[nostradamus]

Hi bsrsharma,

You can use the hsainsider.com link to select a plan, that’s what I did. I don’t know of any that are bad since this is my first time. I go to the dermatologist often due to sun exposure and they don’t have any problem with this. I get a mole or two removed every 6 months or so.

BTW dental is also covered under your HSA. Forgot to mention.

[nostradamus]

Hi bsrsharma,

You can use the hsainsider.com link to select a plan, that’s what I did. I don’t know of any that are bad since this is my first time. I go to the dermatologist often due to sun exposure and they don’t have any problem with this. I get a mole or two removed every 6 months or so.

BTW dental is also covered under your HSA. Forgot to mention.

[nostradamus]

Hi bsrsharma,

You can use the hsainsider.com link to select a plan, that’s what I did. I don’t know of any that are bad since this is my first time. I go to the dermatologist often due to sun exposure and they don’t have any problem with this. I get a mole or two removed every 6 months or so.

BTW dental is also covered under your HSA. Forgot to mention.

[nostradamus]

Hi bsrsharma,

You can use the hsainsider.com link to select a plan, that’s what I did. I don’t know of any that are bad since this is my first time. I go to the dermatologist often due to sun exposure and they don’t have any problem with this. I get a mole or two removed every 6 months or so.

BTW dental is also covered under your HSA. Forgot to mention.

[Author]

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