Sounds sound....if you dont get sick in the first 15 years you will end up with a nice fat bundle.... 600 dollars a month at say a modest 7% interest compounded at the going interval should do you quite well. Heck... thats 13,200 dollars the first year... plus interest. In well under 10 years you'll have put a 100 grand aside. Greg Newell wrote: > Terry, > I have posted on this subject before but i will be glad to offer it up > again. I have found (through many past mistakes) that a "Medical Savings > Account" is the best way to go. I have mine through a company called Golden > Rule. They offer significantly lower premiums than any other company that I > have seen. The payment is roughly what i was paying before but the > difference between the actual premium and the payment is what goes in the > interest bearing savings account. This money can be used for any medically > deductible expenses you find throughout the year including but not limited > to satisfying the deductible. Please do yourself the favor of at least > checking into it. It really is the best thing going IMHO! > > Greg > > Farrell wrote: > > > What do you folks do for health insurance coverage for your families? > > Assuming you don't have a spouse covered by an employer plan, what other > > options do you consider? We just learned that health insurance for our > > family (my self-employed wife, our 12-year-old son and me) will go up to > > over $600/month. There's gotta be a better way - any ideas? > > > > Terry Farrell > > Piano Tuning & Service > > Tampa, Florida > > mfarrel2@tampabay.rr.com > > -- > Greg Newell > Greg's Piano Forté > 12970 Harlon Ave. > Lakewood, Ohio 44107 > 216-226-3791 > mailto:gnewell@ameritech.net -- Richard Brekne RPT, N.P.T.F. Bergen, Norway mailto:rbrekne@broadpark.no
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