2FD 006: Health Insurance Options

Health Insurance can be confusing…

Understanding your options is very important for your finances. Not having the right coverage you need can be a burden on your bank account and set back your goals.

Take some time to understand the needs for your lifestyle and set yourself up for a healthy year! CHA-CHING!

Tune In Now!

*** Insider Extras ***

We love our Insiders! Everyone in our Frugal Insider’s Club will receive:

  • Entry into our monthly book giveaway.
  • Insider-only special offers, like a discount on any Early Retirement Roadmap package.
  • Recommended resources that Kevin and Sean use in their own lives
  • Insider-only articles outside of what we have time for on the podcast.
  • Priority on questions about your situation and case studies.
  • Entry into our Christmas Gift of Frugalness including a HD Antenna, an Amazon Fire Stick, Gift Cards, Books and much more!
  • JOIN THE CLUB!

Discussion Points

  • The types of policies and prices for an employee.
  • The high costs of small business health insurance without an employer.
  • The impact of the Affordable Care Act
  • Not having health insurance is a leading cause of debt, not worth the risk.
  • Costs will vary by state depending on where government rebates were elected.
  • Why premiums are rising.
  • When to consider a high deductible plan.
  • Health Savings Accounts (HSA) to pay for health care with pre-tax money.
  • You don’t have to pay your bills right away, you can setup payments at no extra cost and wait until you can open up a HSA or FSA to help pay for it.
  • Opening Flexible Spending Accounts (FSA) to pay for known upcoming expenses or past bills with pre-tax money.
  • Canada health care is not that good.
  • The affects of health care costs on your decision to go to the doctor.
  • The advantages of government subsidies with early retirement.

Show Links

Related Episodes

Like The Show?

If you like the show and want to keep it going, please rate us on iTunes. Also, follow us on Twitter, Facebook, YouTube, Instagram and Pinterest!

There are two ways to rate us on iTunes:

  1. By Computer – Go here and click the “View in iTunes” button. 
      – This will open our podcast within the iTunes application on your computer. You may have to install iTunes if you don’t have ti already.
      – Once you see our podcast, click the “Ratings and Reviews” tab and then the “Write a Review” button.
      – Here’s a video if you need help.

  2. By iPhone/iPad – Open the “Podcasts” application (or install it) and search for “2 frugal dudes”
      – Click on our podcast, go to the “Reviews” tab and click “Write a Review.”
      – Here’s a video if you need help.

Reviewing our podcast on iTunes also boosts your chances for the Christmas Gift of Frugalness by 5 times! That’s right, anyone that rates us gets their name put into the hat five more times! Thank you for being a valued listener and we look forward to taking the show even further!

The Early Retirement Roadmap

Get your FREE chapter of Sean’s book The Early Retirement Roadmap to see how you can obtain financial freedom, FASTER!

Thanks to http://www.bensound.com/ for the music used in the show.

  • I feel so much happier now I understand all this. Thanks!

    • Sean Merron

      So glad we could help Juliet! Thanks for listening!