8 ms·
It makes sense to go high deductible no matter what your income is. It costs less to pay interest and principle on your $10k disaster deductible than it does to
by AlexeiSadeski 13y ago
It makes sense to go high deductible no matter what your income is. It costs less to pay interest and principle on your $10k disaster deductible than it does to pay $2k/year extra on low deductible health insurance.
Insurance is a tax on people who are bad at math.
- dllthomas 13y agoThis is complicated somewhat by tax law. Your company paying for the more expensive plan is paying it out of pre-tax money, whereas your deductible (up to a point) is paid out of post-tax money (unless it comes out of an FSA, but those being "use it or lose it", one should be careful not to over-fund, so they aren't a good match for paying unexpected deductibles).