Listening
Gold Member
- Aug 27, 2011
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- #341
I disagree. A catastrophic plan with a $5,000 to $10,000 deductible is not junk. If provides what insurance should provide, payment of large healthcare costs that would financially devastate most people. Secondly, plans with high deductibles encourage people not to go the doctor with minor problems reducing cost for the company as well as your premiums. Just few days ago, there was news piece on TV about the new cancer drugs that can prolong life for decades that cost up $100,000/yr. My brother had triple bypass with 3 trips to the hospital. The bills were just over $155,000.Junk plan?
$6325 Cat plan.....pure Junk yet Bammy promotes it.
I had plans like these for my children. Deductible was 2,500 (the same amount Obama said he'd save me).
Such plans are now classified as junk (for other reasons...my daughters are single and don't carry maternity).