Health insurance after going full time investor?

[Shandon Lewis]

Though I'm not at the mark yet, I'm within striking distance of quitting the w2. And that leaves me with one significant consideration.

Healthcare (insurance).

Preliminary research shows costs of coverage that are 3x to 4x that of my current employer.

So my question, to those who are self employed or successfully walked away from your W2, how are you handling health and dental coverage?

(Sorry, using a spouse's coverage is not possible for me so that doesn't count)

[Jody Sperling]

I still have a W-2, and might for several years, but back around 2010 when healthcare became mandatory, I was working for a small company that provided the world's most expensive insurance. The cost almost caused me a medical event...so, but we did some hunting and found health sharing accounts that qualify as health insurance and cover major events.

Pretty much everything medical will come out of pocket, but the health sharing will cover beyond a significant deductible so you wouldn't be wiped out. Each program is different and many are religiously affiliated. If you don't use your insurance often, it's a great fit.

I have a wife and three young sons and we've kept the health sharing program for the last decade with no issues, and it's so much cheaper even than the insurance offered by my various employers over that time.