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Updated over 7 years ago on . Most recent reply

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Corby Goade
  • Investor
  • Boise, ID
3,137
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Full Time Investor Health Insurance?

Corby Goade
  • Investor
  • Boise, ID
Posted

Ultimately, my goal is to be a full time investor, but I currently have a gvt job with good health insurance benefits and three young kids and a wife. It's not directly related to RE, but I am curious what others who have taken the plunge do for health insurance? Pay insane premiums? Go without? What kind of coverage is out there and, in general, what does it cost? I've called a few brokers and done some basic research and it's not cheap- I'd love to hear from the community here what you've done. Thanks in advance. 

  • Corby Goade

Most Popular Reply

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John Blackman
  • Developer
  • Austin, TX
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John Blackman
  • Developer
  • Austin, TX
Replied

For my family of 4, I was paying about $1,600 a month for a $12,000 deductible policy.  That was two years ago.  I still prefer the less expensive high deductible plans + and HSA card to cover basics.  This way I get true disaster insurance as we keep our medical bills pretty low each year.

The best medical insurance in my opinion is a plant based diet, no smoking, at least some exercise.  A healthy lifestyle will keep you out of the hospital in the long run and is a lot cheaper.

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