3 of 9
BACKNEXT
Gardner Cook: $325
Gardner Cook: $325
Gardner Cook (left) with his business partner, Layne Kemp.
Age: 42
Occupation: Employee-benefits broker
Hometown: Sonoma, Calif.

We have an Anthem health savings account with a $3,000 deductible. Our monthly premium for two adults and two children is $325.

Health insurance is my business and I chose an HAS plan, or Health Savings Account, for my family. An HSA is set up at a local bank in correlation with a participating insurance company. Funds put into the HSA are tax free.

My family is active and we do our best to stay healthy, so we typically do not exceed the $3,000 deductible. Last year, we spent about $300 on doctor's visits. This year it might be a little bit more because my kids already got sick. We had to pay around $50 to take each kid to the doctor, and that money came out of our HSA account.

When picking a health insurance plan, I look at the premium. If we were to spend $550 per month to have a lower deductible, we would be spending $225 more per month. Instead we put that money into a HSA account, almost covering our $3,000 deductible. If we don't use the money this year, it rolls over for next year.

My thoughts on universal health care: Health care should remain mostly in the private sector, except the government should have a catastrophic claim umbrella.

There are a lot of people out there who just don't want to pay the $325 a month like I do. And a lot of uninsured people think that all insurance programs are just too expensive -- they need to be educated to understand that there are alternatives.

NEXT: Fran Barker: $198

Last updated May 01 2009: 12:50 PM ET
More Galleries
8 must-have travel apps Whether you've got wanderlust or an airline grievance, here are some apps to pack onto your phone. More
Hot stocks: 10 record breaking companies The S&P 500 is trading at all-time highs, and many well-known businesses are leading the charge. Time to buy or sell? More
My biggest retirement mistake Five CNNMoney readers share stories about saving that you can learn from. What they would do differently if they had another chance. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.