For some time I’ve noted the inappropriate behavior of the health insurance industry. It works hard to increase it’s profits by decreasing coverage of those who need it most. Our non-system of care not only allows this but a significant political party has made it part of their political goals.
If you’re trying to buy insurance in the individual market, you should know that those insurers are looking to sell coverage only to young and healthy people. If you aren’t particularly young or healthy, you’ll be charged more or have limited benefits or both. And even if you get insurance through your employer, you need to read carefully.
I’d be wary of these so-called mini-med or limited-benefit plans. These are sold largely to individuals or through small employers, but we’re also seeing more big companies, such as fast-food chains, offering these plans.
This is fake insurance, in my view. Most policies have low premiums but also unreasonably low annual or lifetime caps on coverage. Some don’t pay for hospitalizations.
Medicynical Note: We have the least efficient most expensive health care non-system in the world. It’s not even close. And there are over 50,000,000 uninsured (rising rapidly).
The macro health care game is to make money, not necessarily provide care or improve health. Scamming patients (buyer beware) seems part of it. Those trying to do good are being undermined by a system that rewards those who want to do well. Amazing.