The 4 Biggest Health Insurance Tradeoffs Explained

<p>0:00 Introduction</p><p>1:18 Higher Premium &amp; Lower Deductible or Lower Premium &amp; Higher Deductible?</p><p>10:26 Comprehensive Coverage or Catastrophic Coverage?17:45 Making More Money &amp; No Tax Credit or Making Less Money &amp; Get A Tax Credit?</p><p>24:11 Using a Health Insurance Broker or Not Using A Health Insurance Broker</p><p>Health insurance is full of tradeoffs, and there usually is not one right answer. The best option depends on your health, your finances, and what you are trying to protect.</p><p>In this episode, we break down four of the biggest decisions people face when buying their own health insurance. Should you pay a higher premium for a lower deductible, or save each month and take on more risk? Do you need comprehensive coverage, or would catastrophic coverage make more sense? Is it worth keeping your income lower to qualify for an ACA tax credit, or are you better off making more money? And does using a health insurance broker actually help?</p><p>#healthinsurance #retirement #retirementplanning #earlyretirement </p>