Comment by raw_anon_1111

5 days ago

And what happens when the Republican Party gut the ACA and you have a pre-existing condition. Do you know what life was like trying to get insurance with a pre-existing condition before 2012?

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raw_anon_1111

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scottyah  5 days ago

Then they can just skip insurance. Most people don't need it, especially if they already have a lot of money (which is what FIRE means)

  • raw_anon_1111  5 days ago

    Obviously said by someone who is young and never had or knew anyone that had an expensive medical procedure like a friend who is 45 who I have known since 2003 and is a cancer survivor and now has to have open heart surgery

  • supertrope  4 days ago

    That plan works until it suddenly doesn't. When it doesn't it's catastrophic for your finances and your health.

    If you have an extra couple million dollars above and beyond your regular retirement fund you could self-insure your medical costs. But then you could just buy the health insurance.

    • scottyah  4 days ago

      Medical expenses are less expensive when you don't have insurance. Insurance is just for catastrophic events, if you do some regular risk analysis you can come to a balance that works for you. If you know a major medical expense is imminent then get the insurance. Most procedures don't happen immediately anyway.

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