Hi Mustache people,
I'm new here but could not find a thread about this issue.
Mr money mustache and others in other blogs or vlogs say they live on 25-27K a year, and I think it is possible without much trouble.
I'm not an expert on medical insurance but from what I know, any plan worth it's existence starts from around 1K a month, in my case, I think I have a pretty good plan through my employer, and it by itself cost around 25K a year. So if you retire early, and don't get medical insurance through an employer or VA or some other way, isn't it impossible to have a decent insurance and still live on under 30K a year if a decent insurance costs 15-25K on its own?
I know it's possible to get a plan for 200-400$ a month too but as far as I understand they don't cover much and can still leave you bankrupt.
I know some folks take the risk and just don't buy medical insurance or buy a cheap one, for me personally it just won't work, too much to lose, you can easily lose everything with a sudden 1 mil $ surgery, hospital stay and recovery costs (I know perfectly healthy people with 7 figure medical bills, and they had insurance, or at least they thought they had).
From what I've found in other communities like motorhome life, off the grid folks, there is no solution and people just ignore the risks and they say they live a healthy life so they should be fine, they are their own MD, and so on, which obviously doesn't work, even healthy people get cancer or have kids with medical issues.
Is there a way for a cheap, but good, medical insurance I'm missing?