The bike repair shop owner in this video is probably looking at one of the Obamacare insurance plans. They want him to pay $4,000 a year, the government is paying the insurer $7,000 yearly, and yet his deductible is $20,000. That means that if he develops a major medical problem or injury, he still has to pay $20,000 out of pocket before insurance pays a penny. Note that he is in his 30s and relatively healthy. He’s seriously thinking about going without insurance. When and if that major medical problem arises, he’ll just go on Medicaid.
He should think about putting money into a Health Savings Account.
One of the reasons I’m still working at age 71 is that my younger wife needs health insurance and we can get it through my employer.
Steve Parker, M.D.
PS: The books I write generate very little $. I’m just trying to help you guys get healthier and avoid the medical-industrial complex.
Advanced Mediterranean Diet 