I could have phrased that slightly differently. However, I don’t want to go further into it. I have done my research and read all the fine prints. If someone thinks that they are better served with a travel insurance for emergency medical needs abroad, then I can only hope that they have also done their homework.
Also, lifestyle matters here. For me traveling is my main discretionary spending. It is also my main motivator for FI. Any uncertainty in the form of insurances is not an acceptable risk, especially for a potential real saving of less than 100 francs a year. If you have an annual travel insurance plan with a medical component from a well-known insurer, the actual savings are significantly less (if any at all).