You can live into your 70s fairly healthy but one day it will catch up with you and then what? If you’re over 70 you’re not working and adding to your saving. No you are spending that savings and a major medical issue will have you spend a lot of it quickly. Do you have a bunch saved up for the emergency? Most don’t and most never had it and that’s why they never invested in health insurance … they couldn’t afford ever. They gambled and they lost. Not all but some and then it’s GoFundMe. Don’t be that person.
Illegal as I assumed. So, now you are locked into the scheme because the next year you have to do the same since you didn't have the required deposits all year.