Wait, lemme get this straight...
Under the new health-care payment regime, your health plan has to pay at least 80% of your bill in order to be considered "real insurance" - as opposed to a boring major-medical policy that pays 100% of everything over the deductible. Is that about it?
So... if you're paying 20% of the bill... and the nominal price of health-care services, as shown on the bill, is generally about 10 times what a reasonable price would be (because the third-party payers, including the government, have been cutting themselves about a 90% discount when it comes to paying the bills)...
... then you're stuck paying twice what the services should have cost, plus the outrageous premium.
Have I got this right?
Update: here's this helpful bit from the Murky News:
The law also will often make some policies more expensive because it limits out-of-pocket expenses to $6,350 annually for an individual and $12,700 for a family.
Note that the category "out-of-pocket expenses" does not include premiums. So, assuming my new compliant policy were to cost the same next year as my non-compliant policy does this year... my actual expenses, just for me, would be a minimum of $10,152 and a maximum of $16,502.
And: you know how "they can't cancel your coverage just because you get sick"? Well, they can still cancel it if you don't keep up the payments, no? And, if you're struggling to pay the premiums when you're healthy... and then you get sick, and miss a few weeks of work... guess what you won't be able to pay?
This calls for a layer of meta-insurance, which promises to pay your health-plan premiums if you get sick and miss work. Another fine racket!
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