Medical Insurance

1. 60

   tiffanyzposted 10 years ago

   Hi everyone
   I have question for those of you who've been able to make a living by writing Hubs.
   Did you purchase your own medical and dental insurance? I recently got laid off and I was looking into several insurance plans,  the cheapest ones are for self employed applicants.  I joined about 2 weeks ago so I have not earned any money which is ok, but I need insurance.  Any suggestions?

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2. 91

   Rochelle Frankposted 10 years ago

   We are in the process of changing our insurance, and after totaling up our benefits for the past few years, I can say that we spent a LOT more for insurance than we would have spent on just paying out of pocket. (I'm not complaining-- we are healthy, and that's the best part.)
   You might want to consider starting your own insurance fund, if you have self-discipline. I wrote a hub about how my parents did it.
   http://rochelle-frank.hubpages.com/hub/ … -Insurance

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   1. 60

      tiffanyzposted 10 years agoin reply to this

      Thank you so much for responding Rochelle, I've been look into different insurance employed since I got laid off .  I have not been very successful, the plans are so expensive, I don't know how anyone can afford medical insurance.  My own insurance fund? I never thought of that,  thanks for letting me know about your hub.

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   2. 94

      wildernessposted 10 years agoin reply to this

      The "average" person will find that to be true.  The insurance company must charge what the average outlay is plus their profit, so most people will pay more for the insurance than their bills were.
      
      Another alternative is to get a plan with a high deductible, say $5,000.  Those are cheap and will still protect you from a catastrophic loss like a major accident of illness.
      
      I had an employer once that offered your choice of several plans and the one with the big deductible and out of pocket expenses was the cheapest under any scenario I could come up with, from minor doctor visits to 3 family members hospitalized during the year for surgery or something big.

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         tiffanyzposted 10 years agoin reply to this

         Thanks for responding Wilderness,  I noticed the ones with the high deductibles are cheaper and you don't have to change doctors. I have to do more research.

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      2. 91

         Rochelle Frankposted 10 years agoin reply to this

         That's true-- after all, the insurance companies are a business operated for profit... sometimes the only thing you are paying for is freedom from worrying about financial catastrophe-- and that IS worth something.  Higher deductibles are an important thing to consider.

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