If you could predict everything perfectly then that’s fine. What if instead of a normal delivery, you needed a week in the NICU? Then that $20k quickly becomes $100k.
And it would still be cheaper for me with cash. Over 20 years, that insurance will cost be 700k.
In that time, I’ve had 2 kids, 4 bad sicknesses that required medical visits, 4 xrays, and MRI, antibiotics, my kid needed a leg cast, and my wife had p.depression after one kid.
I would be out ahead 500k if i paid cash vs insurance. That a house.
If you could predict everything perfectly then that’s fine. What if instead of a normal delivery, you needed a week in the NICU? Then that $20k quickly becomes $100k.
And it would still be cheaper for me with cash. Over 20 years, that insurance will cost be 700k.
In that time, I’ve had 2 kids, 4 bad sicknesses that required medical visits, 4 xrays, and MRI, antibiotics, my kid needed a leg cast, and my wife had p.depression after one kid.
I would be out ahead 500k if i paid cash vs insurance. That a house.
Again, in America, until literally anything happens. I’ve seen 7 figure bills hit ridiculously quick.