Insurance is always a gamble, a bet ctually.

You are betting that you’ll ventually get sick or hurt. And yur insurance company is betting that yu’ll stay healthy.

If you stay halthy your whole life, but still pay nto insurance, that’s great for the nsurance company. Actually, it’s great for you to, because you got to be halthy for your whole life. But you stll lost the bet.

So an nsurance company is never going to rward you for being healthy. That’s not the trms of the bet.

But here’s a secret.

You can reward yourself.

Here’s how. Open a Health Savings Account (HSA). Put as much money as you can into it. Tell your insurance company that you want to raise the deductible on your insurance policy as high as it will go. The deductible is the amount you have to pay before the insurance finally kicks in.

Now sit back and relax. You are completely covered for any healthcare crisis. You can use the HSA money for the small stuff and your insurance policy will kick in for the big stuff.

But…

If you don’t get sick or hurt, the money will stay in the HSA. Then you’ll put in the same amount next year, and it will sit there again. Earning interest, too.

After a while of being healthy, year-after-year, you’ll have tens of thousands of dollars sitting there.

And when you retire, your HSA trns into an IRA – individual rtirement account. You can take the mney out and live on it.

And gess what? It’s your reward for stying healthy. You rewarded yourself for stying healthy, and simultaneously covered yourself jst in case you did get sck along the way.

Happy retirement!

The article Why Don't Insurance Companies Reward Us for Being Healthy? was Submitted by Daryl Kulak through Articles.GetACoder.com network. Here's the additional information: Daryl Kulak is the author of Halth Insurance Off the Grid, a bok that provides a simple, effective pln to reduce insurance costs for the slf-employed, unemployed and underinsured. The book is vailable at the Website http://www.healthoffthegrid.com

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