“If you have insurance with a deductible of $6,850, is there any chance you’re actually going to get to use that insurance?”
I thought that was the point?
I agree, and I personally have postponed doctor visits/treatment due to the out-of-pocket cost I would have, not willing to spend it if I can wait it out to recover.
I keep thinking that, at some point, the utilization will be low enough to bring the costs and/or deductibles back down a little, but probably for those who are getting free insurance and subsidized out-of-pocket costs, they are over-utilizing, which offsets those of us who use the coverage for catastrophic care mainly.
“’If you have insurance with a deductible of $6,850, is there any chance you’re actually going to get to use that insurance?’
I thought that was the point?”
In many cases, it’s actually worse than that. We know people on our high-deductible PPO insurance plan through work who race through the family deductible as quickly as they can, with all sorts of covered (but non-serious) visits and procedures, so they can get to the 10% co-payment. The combination of low premiums (compared to the low-deductible indemnity plan) and dramatically lower marginal cost per visit/procedure/drug after the deductible is met has led to over-use of our local health-care system. We have confirmed this anecdotal evidence with several friends who are physicians.
But you’re forgetting that under ObamaCrapCare premiums have gotten to the point they’re almost paying the equivalent amount of a doctor’s monthly salary an they get nothing. Their yearly premiums added up tcoukd pay a doctor to live in their home delivering care for a solid month bet they get nothing. When you pay a lot and get nothing back is is nothing but a TAX!