I don’t know if this is a new program or I was just blind the previous times I have been looking at health insurance.
Blue Cross Blue Shield of Michigan has a plan called Young Adult Blue. For less than $50/month you can have health insurance so “an illness or injury doesn’t result in catastrophic medical bills” (quoted from their site).
Looking back, we haven’t had medical problems so I could say that we saved money by not obtaining health insurance. Sure, I can say that in hindsight. But right now I know if something happened, all of the work we’ve been doing with debt reduction would be gone. We’d have to probably pay hospital bills with our credit card and it would be horrible.
You are kicked out of this plan when you are 31 years of age. So, technically my husband or I could be on this plan for a little over a year. So we may have another option with this plan.
I don’t know about everyone else, but shopping for health insurance makes my head spin.