The horror of a high deductible hits only those who thought the insurance was going to be free or cheap, and that it would cover everything.
When you decide, like our family has, to save about 9500 a year in premium to go from 1000 deductible to 10,000 deductible, with a health savings account, it’s a great way to insure. Amazing how inexpensive certain care can be when you tell the doctor, pharmacy, etc, you’re paying cash too.......
I don't find that to be the case at all. I haven't had insurance for a couple of years, since my COBRA coverage expired. I have a couple of no-kidding serious health problems that would definitely kill me if left untreated, and as a homeowner, however broke, I don't qualify for medical assistance in my state. I've been getting along with the help of a doctor friend who continues to write prescriptions for my problems, the same drugs I've been taking for years. But the costs of most of these drugs are so high without insurance that sometimes, yes, it's a choice between eating and getting meds. I cannot afford tests or mammograms or Pap smears either. No entity, from the Walmart pharmacy to labs to clinics, have offered to lower prices because I am paying cash.
That is not, of course, to say I would ever sign up for Castrocare. I couldn't pay the premiums and deductibles, even if I were not morally opposed to it.