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Unemployed and uninsured: The gamble of going without health insurance to save money
['Linda Bell', 'Thu', 'January', 'At Pm Gmt', 'Min Read']
Yahoo Finance
2025 was a brutal year for workers, with layoffs surpassing more than 1.2 million and health insurance premiums continuing to climb.
“I would never tell somebody you should go without health insurance because a backstop in case of emergency is really important,” says Botta.
To cut costs and bridge the gap after a layoff, Bello and some other Americans are turning to non-traditional health care options like short-term health care plans, direct primary care and health care sharing ministries.
That means losing a job can feel like a one-two punch: the loss of both income and health insurance.
Similarly, fixed-indemnity or hospital insurance plans are cheaper than traditional insurance, with premiums as low as $25 a month.