No. of Recommendations: 3
One of the things I like about some OT posts, makes me do a bit of thinking.
(b) sufficiently wealthy that they would just as soon pay out of pocket, rather than purchase a plan?Do wealthy people self insure for medical? Also makes me wonder whether wealthy people self insure homes? Anyway, from the 2020 census:
28M without medical insurance
5M of those 28M have incomes greater than 400% of the poverty level. For a single person 400% is about $60k per year ($30/hour). For a family of 4, 400% is about $130k per year. Is this sufficiently wealthy to self-insure?
www2.census.gov - Programs surveysAussi
