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Why group health insurance is evil

Your group health insurance is the No. 1 threat to your financial future.

By Rick Lindquist | Updated on November 18, 2014
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(AP Photo/Jacquelyn Martin)

Health care costs now consume almost one-sixth of America’s economy, and, during your lifetime, medical and health insurance costs are likely to be your largest or second-largest expense after housing. Your group health insurance is the No. 1 threat to your financial future.

Have you ever thought about what would happen if you became ill, lost your job and your health insurance, and couldn’t get another job? Every year this happens to millions of Americans with dire consequences—and it doesn’t have to be a major heart attack or cancer to lead you to the poorhouse.

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