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Charles Gaba
@charlesgaba@mastodon.social  ·  activity timestamp last week

NEW: A real-world example of having your premiums increase by infinity percent:

https://acasignups.net/25/09/29/real-world-example-having-your-premiums-increase-infinity-percent

ACA Signups

A real-world example of having your premiums increase by infinity percent.

Almost exactly 10 years ago, The Onion published one of their classic headlines: Company’s HR Manager Really Pushing Infinite-Deductible Health Care Plan During a meeting with new hires Wednesday to discuss employee benefits, Radian Analytics human resources manager Ellen Schultz is said to have strongly pushed the company’s infinite-deductible health care option. According to sources in attendance, Schultz described the low-premium, infinite-deductible plan as the simplest and most convenient choice available to employees, and said it works the same whether plan members need to visit their primary care physician, fill a prescription, or be admitted to a hospital, allowing them in each case to pay 100 percent of the incurred medical expenses. I was reminded of this yesterday when I read this USA Today published an excellent story by Sarah Wire which looks at the real-world impact of the pending ACA tax credit expiration on several households. It's a great read & highly recommended, including shout-outs to, among others, Katherine Hempstead of the Robert Wood Johnson Foundation (disclaimer: RWJF is a sponsor of this site) as well as Louise Norris of healthinsurance.org & verywell health.
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