Does anyone know of any health insurance plans that you can start while you are young that will carry over?

Question

Just curious on any medical plans that you can start now that will carry over when you get older and retire that will leave you with good medical coverage.

Answer 1

many good ones

Answer 2

Insurance companies cannot stop your coverage just because you age.

I think you're thinking of LIFE insurance. Often getting those once you are over 30-40 can be difficult, especially if you have any health issues such as heart failure or diabetes. Often policy holders rates sky rocket in mid life, or their coverage fails to grow. Getting a good life insurance plan is a major thing.

Health insurance though, is different. Once you're covered you're covered until you stop paying, or cannot afford the premiums anymore. You pick a plan, and that plan doesnt change. Or if it does, its not because of your age.

My mother in law is nearly retired, and she's had the same exact coverage and company since she started working for the state back in the 70's. When she retires her office will keep paying her premiums, and her coverage will remain the same as it has for the past 30 years. The only difference being the amount of the co pay's or deductables.

Flexible spending accounts, like the guy above me is talking about, can be a major asset to have. Eventually all companies will start offering only them, instead of discounted insurance premiums. Theyre an excellent thing to have ALONG with your regular insurance.

Answer 3

What you want is a health savings account. Basically, it combines a high-deductible medical insurance plan with a savings account. The deductibles are paid out of the account. The money is yours, but tax deductible. Since you're young, you could build up a nice nest egg. The only downside is having to pay the high deductible during the first couple years before you've built up some equity, but this is a minor concern with most plans because you're protected over the deductible amount (e.g. $2,000). See the link attached for the government page on "Basics on HSAs".

Answer 4

Gerber Life

Answer 5

All the health insurace plans have the same thing in common, they are out to make money, and don't care about the people

Answer 6

Come over to the UK and get a British passport - There you are Free health care..on the NHS..

Answer 7

Gerber has insurance from baby-hood to adulthood.

Answer 8

You can get free quotes here compare and then decide,
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