In 2017, the average premium for a plan covering a family of four is more than $14,300 annually — or $1,195 per month, the company said.
Unless you've got tens of thousands of dollars in medical bills every year, it seems that anyone who buys an insurance plan under these circumstances is an idiot. You would be better off putting $22,500+ in a bank account every year and using the money to: (1) pay your medical bills, and (2) pay your Obamacare penalty.
I agree. The $695 penalty was painful yet the $2000 bronze plan with its $6000+ deductible is useless.And the $5000 silver plan is just too large a percentage of my wages.
We need to stop paying for the huge numbers of people who don’t actually provide health care.
Insurance is not health care. Insurance is just one way to pay for health care.