The New York Times looks at the health risks involved with choosing a high-deductible health care plan.  The article examines a recent finding that half of people on a high deductible health care plan chose to forgo medical care to save on out-of-pocket expenses.  These high-deductible plans can be effective for people who have built up a cushion should they have health troubles down the road.  But these types of plans appeal to a lower income population looking for lower insurance premiums.  Unfortunately, with those lower premiums come higher deductibles and many in this income bracket cannot cover the deductibles (which can reach $5,000 a year).  The end result?  Short-term savings, but long-term health problems.

Click here to compare rates on health insurance policies — be sure to ask the agents who contact you about the tradeoffs between high and low deductible plans.