Quote from: Ddan on June 23, 2013, 07:02:11 AM
So $500-600/mo. for a policy that will likely leave you with significant out of pocket expenses is different than being in debt?

To date; I have spent less than 5k on medical bills in my entire life, I am 48.  This is (in part) why I went without health insurance for so many years.Just last year I decided to get health insurance as I am getting older and have a somewhat hazardous job and am feeling the pain of my wild youth every time I wake up.

Had I been paying 400.00 a month for insurance I would have spent to date $100,000 on health insurance, plus co pays, deductibles etc etc.  Sounds like a bad deal when you look at the raw math.  However my buddy just got hit on his bike and a badly broken foot has already cost $100,000 and he has not even had the pins removed yet.......

So in the end it only takes one bad hit in 30 years to end up on the right side of the math.  Yup, get the damn insurance. 

I could get into why it costs a hundred grand for a broken foot but I value my balls. 

the most expensive insurance is NONE at all.  At the very least have, as has been mentioned, major medical.

Quote from: DanTheMan on June 23, 2013, 06:01:25 AM
Total up your buddy's medical bills when he busted his hip...thats why.

I'm not sure the most impulsive irresponsible rider I know is a good indication of anything.

Ain't it ironical for you to be agreeing riding sans insurance is dumb when you ride without it?

Quote from: Timon on June 23, 2013, 10:04:10 AM
I'm not sure the most impulsive irresponsible rider I know is a good indication of anything.

Ain't it ironical for you to be agreeing riding sans insurance is dumb when you ride without it?

Yeah right, but complete accident, he wasn't even trying something stoopid.

Yup that would be the definition of irony.

Not being political but I think next year everybody is supposed to have health ins. Just sayin. I may be wrong about the date. I have health insurance, but I have rode without any before, but not with a cup cake.

Quote from: Skybarney on June 23, 2013, 07:35:47 AM
So in the end it only takes one bad hit in 30 years to end up on the right side of the math.  Yup, get the damn insurance. 

^^ This is what it comes down to. 

All insurance is a gamble; you weigh your risks and decide what you can/can't afford.

On a semi-related note, most (but not all) motorcycle policies do not cover medical bills like a normal motor vehicle policy does.

I did not know this until The Deer Incident, which cost me several grand out of pocket....

Good point but the limits are low on most policies.  About half the cost of motorcycle insurance is usually PIP. 

Quote from: Ddan on June 23, 2013, 07:02:11 AM
So $500-600/mo. for a policy that will likely leave you with significant out of pocket expenses is different than being in debt?

HDHP + HSA health insurance plans don't cost $500-$600/mo and neither do major medical only. (for comprehensive medical, dental and vision combined mine is $554/mo) We're not talking getting insurance to enable paying a $20 office visit fee for a routine cold here.  That type of stuff you just pay out of pocket after emphasizing to the doc that it is not being billed through insurance to get the lower actual cost rate.

and there is a difference in diverting risk versus paying interest to a bank, so yes insurance is different than being in debt.  You have to think outside of yourself and ask the question of how your death or being majorly debilitated affects those around you.

Quote from: Drjones on June 24, 2013, 06:44:40 AM
<snip> You have to think outside of yourself and ask the question of how your death or being majorly debilitated affects those around you.

Whether you have insurance or not death or debilitation will affect those around you.

If we truly thought outside of ourselves we wouldn't ride.

I'd like those who have posted up already to state whether they are paying for the insurance out of their own pocket.

IMO, if you have employer-subsidised or provided insurance, you don't have a dog in this fight.

Quote from: Speeddog on June 24, 2013, 02:14:43 PM
I'd like those who have posted up already to state whether they are paying for the insurance out of their own pocket.

IMO, if you have employer-subsidised or provided insurance, you don't have a dog in this fight.

Employer subsidized/provided insurance IS out of their own pockets. It's part of their total compensation. In many industries, health insurance isn't considered a perk or extra benefit, it's a requirement to attract and retain qualified employees.

I got laid off shortly after an accident that had 1 bill totalling over $65k.

Yes, I still ride with no health insurance. What are they going to do? Ruin my credit more than they already have?

I also want to add that this fact is in the back of my mind, and I do ride much differently now.

Quote from: hbliam on June 24, 2013, 02:32:59 PM
Employer subsidized/provided insurance IS out of their own pockets.
~~~SNIP~~~

Only if they can refuse the provided insurance and get paid that money.

When I was an employee, that option was not offered.