[extropy-chat] Mastectomy Hospital Bill in Congress

[Rafal Smigrodzki]

On 11/16/06, Al Brooks <kerry_prez at yahoo.com> wrote:
> but poor women can't afford paying deductibles when
> using HDHPs?
>
### If you start a high-deductible health plan (aka catastrophic
health insurance) as the average young person, you have almost no
expenses (since the average young person is quite healthy) and even
with a low income you can accumulate substantial funds in your HSA.
This is certainly possible if you have enough money for a classical
plan but choose the HSA instead - the money you save on premiums is a
lot and within five years you should have a comfortable sum ready to
spend.

As an example, you can reduce monthly premium from 700$ for a family
to about 150$ per month, and keep saving the difference. After five
years you will have enough to cover all your deductibles for years.

Rafal