"another" and "better" career alternative?.....
Jeffrey J. Potoff
jpotoff at earthlink.net
Wed Jan 10 21:45:04 EST 2001
Arthur Sowers wrote:
> When you are young, health plans are cheap. When you get older, they get
> more espensive.
That depends on how you define "cheap." When I was making $20K/year and
I needed insurance to cover a gap between my old and new policies, it
was $100/month for just me. That was a big expense relative to my gross
> However, for the numbers I gave, I imagine some guys
> getting "average" wages and socking a large fraction of the rest into
> 401ks and having a lot left over for health plan payments which are also
Yeah, but their 401K isn't going to beat someone else's who gets a
significant contribution from their employer, like many faculty at
> deductable. I have a BCBS health plan for myself and my wife, through my
> one man corporation, which has lower premiums than if I bought it as an
Interesting. Could someone set up some dummy corporation just to save
on the premiums?
More information about the Bioforum