Choosing to have no health insurance..?

  • by sarah
  • Nov 20,2017
  • 13 answers

Me and my husband are considering dropping insurance next year cause simply, neither of us can afford it...and what we can barely afford is pointless unless we are in a grave situation. If we go to the doctor, or chiro, anything....our insurance covers barely any.
What we can afford, is the estimated monthly penalty based on our gross for not having insurance. I understand that being uninsured is a risk if something major were to happen, however we are young (29) and neither of us have any medical problems...and this no insurance plan is only temporarily till in a better situation. Does anyone think this idea is sound? Can anyone relate?


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Insurance Answers (13)

Muzz 6 months ago

Illness can happen at any age. I went down that road in my 30s working as a healthcare worker. I cared zero insurance and the only source of healthcare was my local ER in a small rural W. PA town. I was very healthy then I suddenly became very ill. I developed a serious gallbladder infection and I went to a subpar local hospital and was told to call my family doctor. The next day I ran 105 temperature, nausea and vomiting nonstop. I was taken by ambulance to the main hospital in the next town. I was immediately admitted and put on strong antibiotics. I was lucky. I got a bill for over $10 thousand dollars and zero insurance.
Fortunately, I qualified for a grant to cover my expenses but still owed $1000.
We are one of the wealthiest countries in the world yet hard working individuals can't afford health insurance. I believe is a crime.
Healthcare shouldn't be a privilege for the filthy rich. It should be a basic human necessity yet politics is getting in the way of healthcare.
My advise is to call or go online to see if there are insurers better than Obamacare for you. Have you checked with your HR department to see if they offer lower premiums. My husband's company offers lower premiums for people in good health. He just got our insurance lowered by $100 a month because of his latest physical.
Millions of Americans have filed bankruptcy because of medical bills. Hospitals will can sue you in court. If judgment goes against you then the creditor (hospital or doctor) can garnish your wages. In my state that's 25% of your net not gross paycheck.
Please be safe. Health is a blessing. I wish you good health.

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Mr Obvious 6 months ago

I'm contemplating the same thing. Obamacare is a joke and needs to be eliminated.

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BeeLiz19 6 months ago

The only way it's an even passable idea is if you take the money you were paying towards premiums and sock it away into your savings. Otherwise, if one of you ends up injured and unable to get back to work sooner because of no health insurance, then you screw yourselves worse in the long run.

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John 6 months ago

Sadly there is no right answer.
On the one hand health insurance would seem like the logical way to take care of your health responsibly.
But on the other hand, it usually is quite expensive. Some people actually end up visiting the doctor less when they have health insurance because they can't afford the copays and deductibles. For an example, how is a couple supposed to pay $15,000 per year in premiums and $15,000 in deductibles and copays if they only make $30,000 per year? Maybe if you become homeless and live off the street eating out of trash cans you'll be able to put all your wages towards your health insurance and future deductibles.
But still, for some people it's not that bad. Usually there are unnecessary expenses that could be reduced to afford health insurance. For an example, instead of buying a new SUV, a small used economy car or scooter or just taking the bus could be much cheaper. And internet, unlimited phone plans, cable and top-of-the-line electronics are not necessary and could be eliminated. Also searching for a cheaper home would definitely reduce monthly expenses.
But even then, what if you do actually get sick or hurt? Then not only do you have your deductibles and copays to meet, but also you probably won't be able to work, at least as much as you did before, and therefore won't be able to pay your premiums. At which point you would hopefully be able to get some financial and medical assistance. So if you're going to have to get some financial assistance in the end anyway, why bother? Unless you save up hundreds of thousands of dollars to pay your future premium, copays, deductibles and normal living expenses if you start battling brain cancer for several years you eventually won't be able to keep paying those pricy premiums and will need outside help.
Still, there is no reason you can't try to find a happy medium now. Try to get a low cost healthcare plan and find out if you can apply for tax credits to help you with your premiums. Of course you also have to take into account the deductibles and potential copays in your financial figures.
But on the other hand, you have to understand that health insurance isn't a miracle. Whatever plan you get, you still won't be accepted by every doctor and hospital nor will you be eligible for every treatment. And there is only so much modern medicine can do. You could spend millions on healthcare and still die young from and illness. It would be quite ironic to have spent so much money on health insurance that you had to forgo your dreams and goals only to die in the hospital anyway.

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Oliver 6 months ago

I don't think this is a good Idea. Unless something bad happens you are golden but if something actually happens the bills will be mahoosive!!

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Fazly 6 months ago

We feel it’s unfair to have paid years of insurance and then be cut off and forced into higher premiums and less coverage

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StephenWeinstein 6 months ago

No. Everyone has a grave situation eventually. No one lives forever. Sooner or later, you will have something major. It's not a risk. It's an absolute certainty. The only question is whether you'll pay for it out of pocket or you'll die without getting treated.

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Insurance Pickle.com 6 months ago

Actually...if you're in a grave situation, you should be looking at life insurance. Sorry...couldn't resist that lay up.

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Kathy S 6 months ago

It's against the law now.

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Kevin 6 months ago

I don't have any medical problems. I was in a car accident. I racked up over 200k in medical bills. I was covered for all of it because I have insurance. You're not exempt from accidents and injuries.

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A Hunch 6 months ago

Does anyone think this idea is sound?
= some people may, but I don't.
Health insurance is your second most important expense after housing.
- you can eat cheaply
- you don't need a fancy phone
- you can drive a jalopy
will you be turned away if you need health treatment because you don't have health insurance = not in most places
but it gives you choices in your health care options.
Many young people have serious illnesses or injuries. Sure it's less likely, that's why the cost is less than an older person but it's not unheard of.
Why would you want to go without insurance? all your prior questions and comments are about your health and potential conditions you may have.

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Casey Y 6 months ago

Its your decision. As long as we don't see you on here complaining about medical bills down the road...

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Beverly S 6 months ago

It's horrible that health insurance is so high for people who are middle income. Many people are having to do what you are doing.

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