health insurance

Get Health Insurance

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Sorry I didn’t post yesterday. My GF had a health scare and was admitted to the hospital and that was where I spent my afternoon and evening. This is a stressful time but at least she doesn’t have to worry about paying for everything.

I don’t like to spend money but I wouldn’t recommend going without health insurance. If you don’t have health insurance you should buy it if it is at all possible to do so.

The health insurance system is quirky. My GF is a nurse and works for a doctor’s office that is located on a hospital campus which is a block away from our house. Unfortunately that hospital doesn’t take her insurance so we have to go to one that is about twenty-five minutes away.

Hopefully, my GF will be getting out this afternoon. I’ll have an update post tomorrow.

Finding Affordable Health Insurance

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One of the challenges of retiring early or being self-employed is finding affordable health insurance.  I’m very frugal and don’t spend a lot of money but I wouldn’t go without health insurance to save money.  The risk is too great.

I currently have private health insurance and pay a little less than $70 a month.  This is a good deal for someone who is 41 years old and overweight.  It is quite a bit cheaper than my student health plan and it provides more coverage.  The deductible is $5000 but I’m not too concerned about that since I rarely visit a doctor.  If I do need to visit a doctor I can visit the student health clinic for free.  The purpose of  health insurance for me is to keep me from being wiped out financially if I suffer a serious injury or illness.

My insurance is cheap but as I grow older I’ll need to find more ways to keep the cost down.  One option is to raise my deductible to $10,000 but I’m not going to do that until I have more savings.  I could also open a Health Savings Account or possibly deduct some of the health insurance cost as business expense.  I need to do more research on these.  Right now I probably won’t owe taxes anyway so a Health Savings Account is of no benefit to me.

I found my health insurance online through eHealthinsurance. eHealthInsurance offers the largest selection of health plans. Compare & Apply Online, Free instant quotes, Best prices, and Live help!

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