Are the past due medical bills piling while annoyingly fighting on the phone with the health insurance company about medical coverage? Do you have a strategy or plan to pay the hospital or private physicians for services rendered? Are all these incessant thoughts affecting your relationships and you feel there is no way out of this rut? Welcome to the world of “affordable” insurance, where it has been really affordable for insurance companies to provide low premiums in exchange for high deductibles. These affordable plans are sufficient for the healthy person until life throws the curve ball and the shocking sticker price makes one cringe. The savings at the front end may wither once the realization that deductibles have to be met. Looking to switch to another insurance plan may not be the solution as premiums increase while deductibles decrease, but the loopholes leave wiggle room to pass on the cost-sharing from the health insurance company to the consumer.
The Affordable Care Act was intended to expand coverage and provide medical access to all through subsidies for eligible participants. However, one would be gullible to