General Discussion
In reply to the discussion: Many Say High Deductibles Make Their Health Law Insurance All but Useless [View all]rjsquirrel
(4,762 posts)Because we can afford to self insure the first $6000 we pay very little for the premium every month. But my spouse has a serious illness that guarantees we will hit the out of pocket max by mid-year. We end up keeping a good deal more than we used to with an all-in plan.
High deductible plans make sense for the very healthy and the very sick, if you have resources. But others, especially lower income folks, are getting suckered by the low premium.
You don't get something for less without making a compromise. It is a stupid way to run a health care system, and someday we will have a public option for everyone. But until then, if you go cheap up front make sure you understand the financial risk and can afford to take it. If you only want catastrophic coverage, don't complain when you're out of pocket for minor procedures. Read the fine print.