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43
Posts
7
Votes
Derek Persuit
  • Investor
  • Fort Worth, TX
7
Votes |
43
Posts

Ready to quit job, but Health Insurance?!?

Derek Persuit
  • Investor
  • Fort Worth, TX
Posted

Happy Quarantine Everyone,

I hope you all are able to do what you can in these hard times. 

Im ready to take the leap sometime in the near future. The leap is quitting the corporate job and pursuing real estate full time, leaving the rat race.

One BIG obstacle Im seeing now is health insurance.

For any of you who have taken the same leap, what did you do for health insurance? Ive done so much research, reading books, looking at online FIRE forums, looked on biggerpockets. I havent seen anything that really is consistent or makes sense on what people do for private or independent health insurance.

Who has taken the leap and is content with their current healh insurance situation?

What did you do to find the right insurance for you?

Has anyone not gotten insurance at all? Maybe just something catastrophic?

My wife and I are both in our 20s and healthy. We have 1 child and plan to have more. Im considering getting some high deductible health plan (HDHP), and maybe getting the kids under CHIP (Childrens Health Insurance Program).

Please let me what youve done that you found worth pursuing.

Take care!

Most Popular Reply

User Stats

8,724
Posts
3,989
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Basit Siddiqi
  • Accountant
  • New York, NY
3,989
Votes |
8,724
Posts
Basit Siddiqi
  • Accountant
  • New York, NY
Replied

@Derek Persuit

The good thing if is you have a business(not rentals) you can deduct the cost of the health insurance that you pay.

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Basit Siddiqi CPA
4.9 stars
79 Reviews

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