Short answer
As a budgeting rule of thumb, around $100 a month, give or take, should get a resident or fellow around 30 years old a foot in the door on a policy. It can be less or more depending on your situation. This isn't a quote for any one person.
A short clip from his webinar for residents and fellows, with captions.
Watch the full webinar from 9:05A number to budget around
This isn't pricing for any one person. But I always tell residents and fellows: if you can carve out about $100 a month, that's likely going to get you into the ballpark for a policy with the right wording and features. Could it be $50 or $75? Absolutely, in certain situations. Could it be $150 or $200? Also yes.
Most graduating medical students are somewhere between 25 and 30. I wouldn't be surprised if many could get a foot in the door for $40, $50 or $60 a month.
Start small, increase later
The idea is to get a low-cost, low-coverage policy now that puts the insurance company on the hook to give you more coverage later, without new health questions. That's the future increase option.
Be wary of prices that look too good
Not every policy costs the same, but if one is an extreme outlier, chances are something's off. Agents can make pricing look lower by gutting a policy, leaving out features, or showing pricing that isn't guaranteed.
Where Jay covers this
Jump to each moment in his webinars.