I never said I did not have insurance. You assume facts, not in evidence. I have both collision, comprehensive, and also UIM coverages on my cars and trucks. My motor home has a policy to cover me anywhere for whatever happens to it, and tow me to get it done, while I stay in a hotel on their dime.
I have a "catastrophic" health policy, which begins to pick up the tab over $100k. It's pretty cheap. Everything else is out-of-pocket. It's cheaper than those 80/20's.
I have "full-replacement" coverage on my homes, and way too many "insurances" on my businesses and equipment, and contents. Those are mostly 2-way contracts, I elected to enter into. Some are reqired by banks and gum'ts.
My kids will also have a couple of healthy life insurance payouts, to pay death taxes and death fees, and maybe buy a Lambo or two.
Re-read my posts and get back to me. What you want is to REQUIRE me to cover the fat woman on the public dole, who has 10 kids and diabetes. She supplements her income with selling drugs, and loves 'dem gum't checks and all the rest of the handouts...
I have a “catastrophic” health policy, which begins to pick up the tab over $100k. It’s pretty cheap. Everything else is out-of-pocket. It’s cheaper than those 80/20’s.
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Catastrophic is the way to go. I spend less on my health care every year than I would by paying for health insurance premiums.