x files you seem like a smart cat but this is fucking stupid.
what company do you by anything from that doesnt try to make a profit.
I do this all day long and I can tell you most people bitch about the premiums but you know what I see ALOT of heart attacks,cancer,diabettes,aneurysms,etc.
Easily I have seen claims in the millions and alot in the $100k to $300k.
I always tell people in your boat take a $10,000 deductible with no bells and whistles and insure against the major. The other benefit you would have with that is getting the insurances negotiated rate with anything if you need services.
what company do you by anything from that doesnt try to make a profit.
I do this all day long and I can tell you most people bitch about the premiums but you know what I see ALOT of heart attacks,cancer,diabettes,aneurysms,etc.
Easily I have seen claims in the millions and alot in the $100k to $300k.
I always tell people in your boat take a $10,000 deductible with no bells and whistles and insure against the major. The other benefit you would have with that is getting the insurances negotiated rate with anything if you need services.
Of course companies try to make a profit. I'm just to lazy to walk
out the door and get the insurance, or even do it online. Therefore
it would be nice to justify that it is profitable +EV not to do so.
Which one would you recommend for snowbirds wintering in Asia?
The airlines gave me some coverage i bought off them, 1-2 bills.
Hospital costs over 8 months in Bangkok, maybe 300. Other than
that, only limited regular Canadian medical.
"You should be aware that your provincial coverage may not pay for all the health care costs you may incur outside the province, and the difference can be substantial. For example, B.C. pays $75 (Cdn) a day for emergency in-patient hospital care, while the average cost in the U.S. often exceeds $1000 (US) a day, and can be as high as $10,000 (US) a day in intensive care. For this reason, you are strongly advised to purchase additional health insurance from a private insurer before you leave the province, whether you are going to another part of Canada or outside the country - even if you plan to be away for only a day. See Medical Care Outside B.C. for more information.
http://www.hlth.gov.bc.ca/msp/infoben/leavingbc.html#absence
http://www.hlth.gov.bc.ca/msp/infoben/leavingbc.html#absence
Peace of mind has to be figured into the calculation also.
I don't need personal medical in any of the three countries I reside in from time to time, but when I go abroad for conferences etc I always purchase travel insurance that covers me if I get ill abroad. Travel insurance is ok if you're abroad for upto 90 days generally.
I don't need personal medical in any of the three countries I reside in from time to time, but when I go abroad for conferences etc I always purchase travel insurance that covers me if I get ill abroad. Travel insurance is ok if you're abroad for upto 90 days generally.
In my case i've never had any major health problems, have been
given a good grade in checkups, & geneticly {in family history} it
looks promising. I don't smoke & drink moderately. So for me maybe
purchasing med coverage is extremely negative EV, i.e. is a poor
money wasting investment. In the extremely unlikely case that a
major problem does occur while abroad, there is a high probability
that i could return home to Canada where doctor/hospital care
is free.
The whole +Ev bullshit does not work in this case. In this case you want to be way on the -ev side.
If you have health insurance you better hope its -ev or that means you're gonna be a sick mofo.
I hope I never use any of the insurance I pay umpteen thousands of dollars a year for. That is the idea.
If you have health insurance you better hope its -ev or that means you're gonna be a sick mofo.
I hope I never use any of the insurance I pay umpteen thousands of dollars a year for. That is the idea.
Peace of mind not only for financial reasons but peace of mind for health reasons. What I mean by that is that insurance covers preventative care. I'm afraid too many people with the large deductibles don't get the preventative care done because it is all out-of-pocket.
I get an annual physical and also get an echochardiogram every 4 to 5 years and now will be getting a colonoscopy. Those would all be out of pocket if I had a large deductible. People with a large deductible have a tendency to not get those things taken care of.
Been through a many year life spiral that ended in spouse death and consumed seven figures as well as medical personal tests that gobbled thousands per test. The US is a 'pay for life' system and if you have the resources then get educated on prices of procedures and tests and weigh them against your health issues and possibilities and self insure/invest if you can. The US insurance industry is a predator that intends to separate you from your financial and health security. Other western nations have been able to squash insurance lobby money in enacting healthy national medical policies. The is US is rotten to the ownership lobbied investment core and that might be a distant annoyance to your healthy self , but I guarantee when you are on the other side of the collection calls you will understand how these predators mean deadly financial and medical harm to you.
It's all about the large risk pool. The people buying the insurance pay their share of the risk for the entire pool. Whether or not it is +EV, it doesn't matter. It's not an investment, it's an expense. You pay a premium to get the protection to cover the things that would otherwise ruin you financially. That's the essence of insurance, period.
