When you’re putting 6 grand into premiums already per year, then you’re paying 500 a month for coverage that you can’t use until you spend another 6 grand.
There is no way in the world that someone is not getting rich off of that, and it sure ain’t the working stiff who has to pay it.
It is a wealth transfer program. People paying a premium and deductible are subsidizing those paying little for Insurance. Without the people paying the premiums the plans would collapse.