Comments on Going Naked; Health Insurance

Greetings,

I read your article about not having a Health Insurance Policy and using the wonderful health care available in other countries at a fraction of the U.S. costs. It sounds like a good idea and paying out of pocket seems reasonable for regular medical expenses.

My question is, what about a catastrophic illness like MS or cancer? I would think that even at the reduced costs overseas something like that would have the potential to wipe out your nest egg, no? I was thinking of perhaps getting a very high deductible catastrophic health plan just in case.

Thoughts?

Thanks,

Mark

Reduce your cost of living. Pay less for medical care. Find better weather. Create a healthier way of life.

Hi Mark,

Thanks for taking the time to write. We appreciate it.

The delivery of health care and how we choose to pay for it is a challenge and a personal choice.

One thing you might consider is the difference between paying for the health care itself

About Retire Early Lifestyle

Billy and Akaisha Kaderli retired three decades ago at the age of 38 and began traveling the world. As recognized retirement experts and internationally published authors on topics of finance and world travel, they have been interviewed about retirement issues by The Wall Street Journal, Kiplinger's Personal Finance Magazine, The Motley Fool Rule Your Retirement newsletter, nationally syndicated radio talk shows and countless newspapers and TV shows nationally and worldwide. They wrote the popular books The Adventurer's Guide to Early Retirement (Your Simple Path to FIRE) and Your Retirement Dream IS Possible.
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