Many Say High Deductibles Make Their Health Law Insurance All but Useless

[rjsquirrel]

4. Or you know, "insurance."

You don't get a refund on home insurance or car insurance for not using it.

Health care should be provided as a public good. But until it is, we have insurance for catastrophic things, and we pay for other things we need or want.

One way or another health care is not free and in fact is crazy expensive because Americans are both bad at taking care of their own health and litigious.

As someone who pays $6500 a year to docs instead of an insurance company (the meaning of a high deductible plan, you self-insure the first $6k, and my spouse and I pay less than $1600 a year in premiums as a result, meaning we end up spending maybe. $7600 total on health care, which is less than the $10k a traditional low deductible insurance plan would cost us), I really like the high deductible plans.

Let m'e stress: my spouse has stage 4 cancer and we save money on a high deductible plan. Save, as in spend less than we used to.