A major or catastrophic medical insurance plan, although being rather speculative, is fairly cheap but is also deductible. The money that you pay up from your own funds before the insurer meets the balance is the deductible.

As an example: if you have a deductible set at $5000 and your visit to a hospital results [...]

It seems that paying $100’s each month for health insurance is a racket… couldn’t we just save that amount each month and get a plan that will help us if we have a major hospital bill? (we don’t have coverage through work)
with coverage in VA

 

If you are out of a job and do not have health insurance or your employer does not have health insurance, it would be worth your thinking about purchasing a catastrophic health insurance plan. The catastrophic health insurance plan is designed to meet expenses of major health issues, has low premiums per month but high [...]