health insurance

[Greg Newell]

Richard,
    Didn't read it all did you. <grin> Only part of the payment goes toward the
premium and the rest goes to the Savings Account. With the hypothetical $600
payment, perhaps $2-250 goes to the account. Still it's better than giving it all
away, no?

Greg

Richard Brekne wrote:

> 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

--
Greg Newell
Greg's Piano Forté
12970 Harlon Ave.
Lakewood, Ohio 44107
216-226-3791
mailto:gnewell@ameritech.net