Overlooked aspect of the health care crisis

[SHRED]

This affects me personally.
Fortunately I might have the ability to retire early at 50 (2.5 years from now).
Now the bad news.
Health insurance costs may force me to keep working. We don't want to lose everything, should the worst happen, by going without insurance.

By me retiring early I would make room at the workplace for others to move up. Multiply this fact by similar situations across the country and I think the economics are profound.

Our current health care system forces people to continue to be workers into old age.

p.s. If anyone has a way out for my wife and I...I am open to ideas!

[Robroy]

1. That's a good question..

I'm in a similar situation. Look for some type of 'catastrophic' coverage, which would help cover the most expensive costs only. Beyond that it's a gamble, or faith. Exercise, a good diet and regular health screenings should be part of your regiment as well.

[Sgent]

2. Are you looking at retiring or slowing down?

It can make a difference. If you and your wife can form a partnership (you do consulting, she does bookkeeping) or some such, you can purchase a small business group policy. That being said, your pricing will still probably be 300-400 a month (each) for a $2000 deductible if your both over 55.

You could pay more and get a better policy, but you'll have to run the numbers. In many cases, it might cost $1500 to lower a deductible by $1000.