Tuesday, January 18, 2011

Why do people think that having health insurance means they won't have to pay for care?

Even if poor people are given health insurance policies at the tax payer's expense how are they going to afford to use it with deductibles, co-pays & co-insuance to cover?
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You are absolutely right. And if the insurance companies have to lower their premiums, that will mean higher deductibles, co-pays & co-insurance. They will get their money from somewhere. Even Medicare has a deductible and a 20% coinsurance. Many senior citizens have to purchase another plan to pay for what Medicare does not.
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