My wife and I take no medications and are healthy.
Unfortunately, that could change overnight. Even young, healthy people can get nasty diseases, be in catastrophic accidents, etc. I knew a young, healthy person who went in for a routine checkup and ended up diagnosed with cancer.
While a single hospital stay might cost you $100K, being diagnosed with a chronic disease that requires years of treatment and follow-up could be much more expensive. And especially if your condition leaves you unable to work, your bills might bankrupt you.
when we don't actually foresee needing anything but emergency hospital treatment for unexpected accidents
Life is inherently unpredictable. Things happen to you that you can't foresee.
Comments
Unfortunately, that could change overnight. Even young, healthy people can get nasty diseases, be in catastrophic accidents, etc. I knew a young, healthy person who went in for a routine checkup and ended up diagnosed with cancer.
While a single hospital stay might cost you $100K, being diagnosed with a chronic disease that requires years of treatment and follow-up could be much more expensive. And especially if your condition leaves you unable to work, your bills might bankrupt you.
Life is inherently unpredictable. Things happen to you that you can't foresee.