re: "If You Have Savings In Your 20s, You’re Doing Something Wrong"

quote:

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On the other hand, having a deductible that high is bad business too. May as well not have ins imo.

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Ehh, if he is having to exhaust his savings and take out a loan of $6,000, I'm assuming his total bill is $10,500. Without insurance, that would be $17,500 based on the deductible and coinsurance numbers provided.

I'd say having some form of insurance surely helped him out.