The actual answer to "What's left after you eliminate essential coverage?" is nothing - those old "mini-med" plans didn't provide "coverage"
-
-
Replying to @arthur_affect
They provided the illusion of coverage, generally by providing a schedule of benefits in the form of flat cash payouts
2 replies 9 retweets 23 likes -
Replying to @arthur_affect
They would prey on the fact that the avg consumer (by design) has no idea how high the "sticker price" of medical services are
1 reply 12 retweets 24 likes -
Replying to @arthur_affect
So it'd be like "Oh, you get $50 per doctor's visit, that sounds good" when the sticker price of a doctor visit can be like $700
2 replies 10 retweets 23 likes -
Replying to @arthur_affect
One of the important things abt essential coverage is being harassed abt defining coverage as covering actual costs
1 reply 7 retweets 18 likes -
Replying to @arthur_affect
Fixed indemnity vs actual cost will always be cheaper for the insurer on every lvl, puts all the homework of risk assessment on the customer
1 reply 6 retweets 14 likes -
Replying to @arthur_affect
You can expect to see an explosion of such plans if they open the floodgates, esp if they can be paid for by tax subsidy
2 replies 4 retweets 14 likes -
Replying to @arthur_affect
Paul Ryan is all about the idea that for some person's "needs" the very low premium + the absurdly useless indemnity is the "right choice"
1 reply 5 retweets 21 likes -
Replying to @arthur_affect
Even if the actual math done by the actual actuaries at the company says otherwise, which is the whole damn reason they're selling it
1 reply 7 retweets 15 likes
That's the whole problem w the damn industry, nobody actually can calculate what a "good deal" is on their own
-
-
Replying to @arthur_affect
You have to go to school to become an actuary and have a bunch of tables built on years of research to actually make that assessment
2 replies 10 retweets 14 likes -
Replying to @arthur_affect
But we still treat random citizens' "freedom" to "shop around" as an intrinsic moral good that must be protected
1 reply 7 retweets 20 likes - Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.