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<blockquote data-quote="Howdyjabo" data-source="post: 704970" data-attributes="member: 391"><p>Check into a Health Savings Account</p><p>Blue Cross Blue Shield offers it along with others.</p><p></p><p>I really like it and if I had started it younger I would have been able to accumulate a nest egg. (spend less on medical stuff when you are young). I end up investing the same amount of money each year(half to the insurance company /half to the account)- but if you don't have much in bills what is left stays in your account for next year or for retirement. I picked the plan that once I hit my deductible(2,500/person) the company pays 100%. I have been nailed by that 20% stuff before- even 20% of something big can seriously damage your finances.</p><p>And there are great tax benefits that make it even better- if you show any income (which I haven't the last two years <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite3" alt=":(" title="Frown :(" loading="lazy" data-shortname=":(" /> ).</p><p></p><p>Jogephus- can you tell us any more about the government group plan?</p></blockquote><p></p>
[QUOTE="Howdyjabo, post: 704970, member: 391"] Check into a Health Savings Account Blue Cross Blue Shield offers it along with others. I really like it and if I had started it younger I would have been able to accumulate a nest egg. (spend less on medical stuff when you are young). I end up investing the same amount of money each year(half to the insurance company /half to the account)- but if you don't have much in bills what is left stays in your account for next year or for retirement. I picked the plan that once I hit my deductible(2,500/person) the company pays 100%. I have been nailed by that 20% stuff before- even 20% of something big can seriously damage your finances. And there are great tax benefits that make it even better- if you show any income (which I haven't the last two years :( ). Jogephus- can you tell us any more about the government group plan? [/QUOTE]
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