<human>: For background, I'm a 33 yo male in very good physical health. I'm a pescatarian, non-smoker, infrequent drinker, frequent gym-goer, with an active lifestyle.

I have very good health insurance coverage through my work. It's not cheap, however, and I rarely utilize it (no prescriptions, only the yearly check up). I hate the idea of spending so much for something I use so little. (And, on a side note, I can't stand the idea of paying high premiums because of other people's poor life decisions.)

Here's the idea: I would bump down my health insurance coverage to the cheapest, most basic plan. This way, in the event of an accident or something else catastrophic, I would be at least minimally covered. Then, I would take the difference of the cheaper plan and what I'm currently paying and place it into an investment account of some sort (MMA, mutual fund, IRA, etc.). If I ever needed to cover medical costs, I could take it from the account. If not, I'd have a nice bit of money at my disposal that wasn't siphoned off into the insurance abyss.

What problems am I not accounting for? Is not having adequate insurance coverage too big of a risk, even for a healthy and active person? Other advice? Thanks!

Can you summarize the given text in a few sentences?
<bot>: I'm healthy and believe I overpay for insurance. Should I go with minimal health insurance coverage and use the leftover money to start an investment account?