General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaying you like your fraud insurance plan at $69 per month
is like saying you like cheap toilet paper
All you are left with is a handful of crap.
yodermon
(6,143 posts)my butt cringed just looking at that.
WonderGrunion
(2,995 posts)salin
(48,955 posts)to similar rates of coverage I had when I had employer-based insurance (far better than today) = about $500 a month.
Low copays ($10-20), most prescriptions less than $10 to fill, low deductibles, no limits on coverage in a year and no "life time" limits (except for catastrophic coverage, this was standard for employer insurance, and individual insurance - but contributed to why so many were uninsured in absence of employer-based insurance.)
Nearly 15 years later - I can not fathom the parameters (high co pay costs, very high deductibles, and lifetime limits on coverage.) I can't imagine that any policy for $69 a month covers much of anything except catastrophic care (with a cap - leaving bankruptcy the only option in the event of an extreme health crisis.)
The term fraud insurance sounds like insurance against fraud. Maybe "faux insurance" is more apt. But the point is the same. The coverage for such a plan, insures very little and protects almost in no way against bankruptcy due to medical costs.