It was a high deductible insurance plan, not a monthly subscription to all your healthcare needs. Why would you call that a “scam”?
And for the record, it was not as high a deductible as most “silver” plans on the exchange currently.
It was a high deductible insurance plan, not a monthly subscription to all your healthcare needs. Why would you call that a “scam”?
And for the record, it was not as high a deductible as most “silver” plans on the exchange currently.
> It was a high deductible insurance plan
Why do you believe that the ACA would have wanted such plans cancelled? There's a very straightforward public health reason that's reminiscent of why states require drivers to have car insurance.
> And for the record, it was not as high a deductible as most “silver” plans on the exchange currently.
The plan would have been in effective over 18 years ago. Does your internet plan look the same now as it did 18 years ago? Your cell phone plan?
> The plan would have been in effective over 18 years ago
This is such an important point. There's been ~40% of cumulative inflation over that period.
Also, anyone who was already buying insurance for years before the ACA knew the price has always gone up every year, often by double-digit percentages. Simple compounding plus the fact that insurance is always more expensive for people 18 years older are confusing a lot of people in this discussion.