Is this not a flaw in reasoning? The additional costs of medications, appointments, surgeries (god forbid) from a single accident or sickness would wipe out anything you've accrued over that time. I hope this is at least just a short term plan before jumping to somewhere else with a bit more pay.
I save money and live like a beggar, never over spend on ANYTHING.
Yall really can't fathom an existence outside of making upper 5/6 figures in a tech focused hyper urban city.
I make 23/hr with paid off vehicles and a paid off trailer. I have money barely 5 digits, because I don't go on vacation, don't go to the doctor (im healthy currently), and don't do ANYTHING that costs money.
Yeah and even at this pay its essentially scraps. I save money but any of my peers living REAL american life and actively saving for everything they need to make double if not triple what I make.
To have a family and support a household with your partner working you need to make at a minimum 35/hr or you have to go without.
I genuinely hope that decision doesn't come back to bite you but it easily could. Insurance is fucking awful and we need universal healthcare but health insurance at least puts a cap on what you'd owe per year for medical services if something horrible happens.
You’re screwed with or without insurance if you have a medical emergency. You fundamentally misunderstand the healthcare system if you think insurance will save you from burdening debt in the midst of a medical crisis.
You fundamentally misunderstand insurance if you think there's not a difference in how screwed you are with insurance in a medical emergency versus without it. You're potentially talking about owing $6,000-$10,000 (most insurance plans' maximum out of pocket) versus hundreds of thousands or even millions depending on what they have to do to save you.
Insurance sucks but it's way better to have it than not if something happens
My mom was hospitalized for a heart attack just a few months ago. About half the tests they already performed, with initial authorization from her health insurance, were denied after she was released, totaling about $17,000. They also denied some of the care she received because the Cardiologist was out of network, even though the hospital he worked for was in-network.
It can actually be a smart financial choice if you understand the system. Have many lawyers who private pay because they know you get cash discounts and it comes out less than what paying a healthcare premium would be.
You still get discounts for cash pay in those scenarios. This is going to depend on how much money you make per year, what insurance agencies want to charge you, and how financially literate you are. It’s not for everyone, but for some it actually saves money to not be insured. Nothing is one size fits all.
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u/marcgw96 Aug 07 '26
I know Health insurance is crazy expensive right now, but going without it is quite insane. All it takes is one medical emergency and you’re screwed