'It's only gotten worse': As ACA premiums are set to climb, some Americans opt to go uninsured
(NBC News) Ginny Murray says she and her husband, Chaz, are out of options for health insurance. In January, their premiums are expected to rise higher than theyve ever gone up before, putting the cost out of reach.
The Arkansas couple plan to drop their coverage, betting their savings will be enough if unexpected illness strikes.
Our plan is to keep putting the money were already paying towards health care in savings, said Murray, whose insurance is covered through the Affordable Care Act, and really just hoping that we dont have a stroke or we dont have a heart attack.
https://www.yahoo.com/news/articles/only-gotten-worse-aca-premiums-175848429.html
Irish_Dem
(76,615 posts)This is his healthcare plan.
no_hypocrisy
(53,540 posts)Medical IRAs
bucolic_frolic
(52,911 posts)rely on self-care. Catastrophic illness will be met with bankruptcies. Same with home insurance.
Only thing you can't self-insure with small assets is car insurance.