I had a conversation with a friend recently on why he should get the best H&S plan he could afford for his parents:
AK: I think you can easily afford the premium.
F: OMG! It is more than $5,000 a year for the two of them.
AK: Well, you make $120,000 a year. That is like 4% of your annual income. That is not too much to pay for peace of mind.
F: That is a lot of money to me.
AK: For most middle class families, that is a lot of money, not just to you.
F: It would mean some serious cutting back of expenses.
AK: It shouldn't be that difficult. Maybe, instead of spending $10,000 on that annual family vacation, keep to a budget of $5,000 instead. Thailand is really a nice vacation destination.
F: Let me discuss this with my wife.
AK: Well, tell her that ......
