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Re: Kiplinger's:How to Make Your Money Last FOREVER!
Old 10-08-2006, 04:13 PM   #21
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Re: Kiplinger's:How to Make Your Money Last FOREVER!

Hi Oldbabe!
Yes, we carry insurance. We have a large deductible and self insure for things like doctor's visits (we do have a co-pay) and prescriptions (we have co-pay for that too).

We tend to not like to be on medications, so we don't have much history of that, nor do we run to the doc's office for every little thing... We are generally healthy.

Since we travel quite a bit, if a circumstance comes up that needs attention, we utilize local health care. For instance, I get my dental work done overseas in Thailand. This has included crowns, root canals, xrays, etc. I also get my eyeglasses there as well.

My understanding is that some states on the east coast (N.Jersey?) have large mandates in that the state themselves require the health insurance companies to cover a large variety of services, even if you, yourself would not utilize them (accupuncture, massage, aromatherapy, etc.) so premiums would be higher.

We tend to go 'no frills' in the insurance department, and eat well, exercise, don't take meds if at all possible (yucky side effects), and do things in moderation. This has paid off very well.

We utilize preventative health services here in Arizona that promote onsite wellness programs. We discuss all our approaches in our book :

Table of Contents:

http://www.retireearlylifestyle.com/...f_contents.htm

Although some expenses in health care will probably increase as we age, we emphasize having options to turn to, and not be held hostage by a health care premium...

Best,
Akaisha
Author, The Adventurer's Guide to Early Retirement
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Re: Kiplinger's:How to Make Your Money Last FOREVER!
Old 10-08-2006, 07:21 PM   #22
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Re: Kiplinger's:How to Make Your Money Last FOREVER!

Thanks for the reply, Billy. I have basically the same attitude as you outlined as far as medical care. No prescriptions, prefer nutritional remedies to pills, etc. I'm looking at the high deductible ($5K), basic health insurance policy (Humana One) but it still costs $220/month. Is that the sort of insurance you use?
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Re: Kiplinger's:How to Make Your Money Last FOREVER!
Old 10-09-2006, 04:19 PM   #23
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Re: Kiplinger's:How to Make Your Money Last FOREVER!

Yes, it is. We have always gone the high deductible route. Years ago they only offered $2,500 deductible as the highest. Then it finally went to $5,000. Now they offer $10,000 deductible as an option.

Have you taken a look at our Health Issues Page? http://www.retireearlylifestyle.com/medical_issues.htm

We have recommended websites for your self education and there are sites for insurances also. Check out Sanoviv and Bumrungrad on that same page as well.

Hope this helps!

Be well,
Akaisha
Author, The Adventurer's Guide to Early Retirement
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Re: Kiplinger's:How to Make Your Money Last FOREVER!
Old 10-09-2006, 04:48 PM   #24
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Re: Kiplinger's:How to Make Your Money Last FOREVER!

Thanks, Akaisha. I have looked at that page before, but I appreciate your pointing me back to it again. Very informative!
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Re: Kiplinger's:How to Make Your Money Last FOREVER!
Old 10-13-2006, 11:32 AM   #25
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Re: Kiplinger's:How to Make Your Money Last FOREVER!

Thanks, Oldbabe. We hope to do some more interviews and get some other articles up there for information on alternatives.

Check back on those pages from time to time, or if you have a suggestion, or someone whom you feel could contribute, just private message me or contact us at our email address TheGuide@RetireEarlyLifestyle.com

Best,
Akaisha
Author, The Adventurer's Guide to Early Retirement
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