[Hidden-tech] Self Employed Health Insurance

[Mark Bucciarelli]

On Tue, May 09, 2006 at 06:12:47PM -0700, lisa cody wrote:

> I've been looking around for health insurance for myself and my
> spouse. Hearing a lot of quotes but the rates are out of reach right
> now. ($400 a month for catastrophic plan w/ high deductible) We would
> like a high deductible plan ($5000 or higher) that would cover us 100%
> if something bad happened (injury/illness) ....we plan to supplement
> this w/ an HSA (health spending account). Does anyone have any ideas
> or things they have tried that might work for us?

This is hard to find in Massachusetts, I believe in part because the
legislature mandates insurance policies cover some items (mental health,
etc).

The best deal I could find was $620/month for catastrophic coverage for
my family with Mid-West National Life.

But be very careful--a friend with the exact same coverage, had a baby
that required a lot of hospital care, and he ended up $250,000 in the
hole. The fine print can be tricky. In retrospect, it would have been a
wise investment to have hired an insurance agent to help me. (My wife
now has a job that provides insurance.)

Good luck,

m