I've always had full medical coverage for me and my family through my employer for most of my life. About 7 years ago i semi-retired but had no health coverage. I had to pay for everything out of pocket as i couldn't afford health insurance. That went fine for a while but it soon got expensive as my wife has high blood pressure and is a diebetic. I decided to go back to work at a small local company mostly to get insurance.(i have a pre-existing condition, had a heart attack in 94, so a company plan is my only option) They only pay 1/2 of mine and none of my wifes. I started off at $500 a month and as of the 1st of this year it was up to $800 a month (out of my check)
My company was recently bought out by another small company and yesterday they offered all the employees the oppurtonity to transfer over to their plan(same insurance company just a differant plan. It's a $30 co-pay(old one $15) with a $1000 deductible. At first i thought $10000 dollar deductible, that's crazy. But i decided to crunch the numbers.
I currently pay $9,504 a year, under the new plan i will be paying $4992 a savings of $4512 in premiums. Since i rarely go the doctors my $1000 deductible is mute and we figured my wifes visits and tests from last year and she wouldn't even pay out her entire deductible.
So to wrap up this rambling, I will soon save $4500 in premiums and even if my wifes continues at her current rate, my savings will be over $3500 and if i should succomb to some medical problem, i'll still save over $2500 a year. It also has a cap per individual so even if something catastophic happens i'll break even for the year.
These deductible plans are out there but we are so programed to take the easy way out we never look to explore other possibilities. TimC makes a very valid point, stop trying to insure your self for everything, it costs way to much!!!