Deductibles

New ACA Plans May Push Family Deductibles to $31,000

The idea of new Affordable Care Act (ACA) plans potentially raising family deductibles to an astonishing $31,000 is deeply concerning, and frankly, it begs the question: what’s the point of having insurance at all if you’re facing such an astronomical out-of-pocket cost before coverage even kicks in? It feels like a fundamental betrayal of the purpose of health insurance, which is meant to provide a safety net, not create an insurmountable financial hurdle.

When you consider a deductible of $31,000, it’s not just a number; it represents an annual income for a significant portion of the population, including many single-parent households.… Continue reading