I recently got great news at my job. I was going to be offered a raise in the form of health insurance, or the cash equivalent, which was $400 a month. I had a tough decision to make. I needed health insurance. I had suffered from asthma for most of my life, figuring that if i exercised and played it safe, i wouldn't need to see a doctor. But those were my younger years, now i'm 25 with two kids who need a healthy father. Plus, the insurance was being offered free, in addition to my current salary, I couldn't beat that. On the other hand, my cash wasn't stretching as far as it used to. I felt long overdue for a raise if you know what I mean. The same day I was offered the raise, a financial expert on television was raving that cash is king, forget healthcare, forget stocks etc...
I called the person who was best suited to handle making decisions for me, my wife. We decided to find out how much it would cost to put me on my wife's health insurance plan, figuring that if it was less than four hundred dollars a month, I could take the cash, get health insurance and keep the difference. It turned out to be the same price to put me on her insurance, four hundred dollars a month.
Then came the deal closer. My wife, who has had insurance for over a year with her employer, had a follow up visit to her doctor. The co-pay was $50 dollars. The doctor's bill was $65. I couldn't believe it. I paid fifty bucks and the insurance only paid fifteen? Some coverage I was getting.
And the winner is... Money. I guess that's no big surprise. After a more thorough evaluation of my overall financial situation, and taking into consideration our homeland's pending economic crisis, we decided that cash is more important than health care. The presidential candidates are proposing healthcare reform, so we are positive that things for health insurance will get better. When reasonable coverage becomes more affordable,we are all ears.But health care just doesn't seem worth it right now.
This article was written by Julian Floyd. For risk-free no-obligation insurance quotes, visit http://www.2jonline.blogspot.com
