Greenbeard
Gold Member
Most people and companies are not good at selling CRAP.
That is what the ACA has provided us with......CRAP.
Take away the minimum requirements and I might be more interested in this approach.
The ACA requirement that has by far the biggest impact on premiums is the actuarial value requirement (i.e., that nothing less generous than a bronze plan--those of the much-maligned $5-6K deductibles--be sold). The ACA limits how much people have to pay out of pocket.
Allowing insurers to leave policyholders liable for more than $6-7K in expenses out of pocket is your solution? When everyone has a $20K out of pocket limit we won't have to worry about buying "crap" anymore?
For instance, if you go to the ER and are admitted, then released and you go home, only to get worse and need to go back, they will not let you back in. If they do they will be fined over 100,000+ per any person they need to see twice.
That's not how that works.