Monk's Den

[McTrades]

I'm not a day trader yet. But I do pay for my own health insurance.

I recommend getting something with a high ($4000 - 5000) deductible and very low monthly payment. Save all the money you would have spent on a cushy plan and put it in your own personal savings account. Get a plan with zero out of pocket (zero co-pay) after the deductible is met.

As an example. If the cushy plan is $200 a month ($2400 per year) for the works. And the high deductible plan is $50 a month ($600 per year) for a $4000 deductible and zero out of pocket afterwards. You would have to spend between $2400 and $4000 to actually get your money's worth out of the more expensive plan. Otherwise if you spend below $2400 or above $4000 (in an accident) then you are a winner with the cheap plan, ding ding. And year after year you can sock that extra money.

And with insurance doctors will be much more willing to see you and you will get all sorts of discounts.