If you have no insurance, sure. If you have even crappy insurance and max out both your in network and out of network out of pocket maximums, you are talking tens of thousands, not hundreds.
Source: Just did a bunch of worst case scenario comparisons between options insurance options for my wife and I.
Edit: There is a caveat here, I didnt consider originally. If you have insurance that ONLY covers in-network, then yeah… you can get fucked real hard in an emergency medical situation that puts you out of network. Dont get that kind of insurance, people. No amount of cost savings is worth that risk.
This is only true if the insurance decides if your treatment or received health care is covered. If you happen to need something that the insurance just outright will not cover, then you foot the bill.
Fair point. Generally, emergency minimally life saving care is covered by default. That’s the point of getting insurance. I’m sure there’s many examples of that failing to hold true, though.
Why the fuck would you keep $400,000 in cash?
Emergency fund, man. What if the air conditioner dies?
You could actually eat through more than that with a nasty injury in the US.
If you have no insurance, sure. If you have even crappy insurance and max out both your in network and out of network out of pocket maximums, you are talking tens of thousands, not hundreds.
Source: Just did a bunch of worst case scenario comparisons between options insurance options for my wife and I.
Edit: There is a caveat here, I didnt consider originally. If you have insurance that ONLY covers in-network, then yeah… you can get fucked real hard in an emergency medical situation that puts you out of network. Dont get that kind of insurance, people. No amount of cost savings is worth that risk.
This is only true if the insurance decides if your treatment or received health care is covered. If you happen to need something that the insurance just outright will not cover, then you foot the bill.
Fair point. Generally, emergency minimally life saving care is covered by default. That’s the point of getting insurance. I’m sure there’s many examples of that failing to hold true, though.