We feel fortunate to have health insurance through my husband's job. In the past, we've always done a regular coverage plan, but when we moved back to Texas, we switched to a high-deductible plan.
What this means is that instead of paying a large monthly amount to our health insurance company and then having them pay for the majority of most health care expenses, we pay a very small amount monthly to the insurance company and then the rest of the money goes into an account that we can use to pay for medical expenses.
We have a debit card attached to that account that we can use to pay for any medical expenses. Plus my husband's company put a large chunk of money into the account when we switched.
The high-deductible part means that our insurance doesn't pay for any care (except for regular preventive care like annual exams or routine checkups for children) until we've paid up to the deductible amount (which is about $6000). But we can pay for that $6000 out of the fund we pay into each month.
For us, it's worked out really well - we haven't paid any co-pays for our daughter's regular check-ups or my post-pregnancy visits and by the time we have our next baby, we anticipate there will be enough in our account to cover the entire deductible.
We spend considerably less each month on health insurance and with an infant who has to go in for check-ups and immunizations regularly, we've saved a bundle on co-pays ($30 a visit adds up fast). Plus, even if we did have to pay something out of pocket, the difference between the monthly cost of this plan and our former plans means that we would still come out ahead.
Of course, if you're about to have a baby or are currently having some expensive health problems, this might not be a good choice for you at the moment. But if you have some time to let your monthly contributions accumulate, you might consider looking into this type of coverage.