Originally Posted by CBrown85
Really? You don't see the difference? Why would anyone bother with insurance at all if it's all just a crapshoot like you say?
I really do not see the difference. Perhaps you can educate me and elucidate the difference? Let me give you a few facts, you can tell me how they do not apply, are the wrong facts to be looking at, or are just lies of the VRWC as you see fit to educate me.
Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.
Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.
documents about 5k is the average deductible for bronze plans and indicates there can be some tax credit help paying those if you make 2.5 times poverty level or less.
Now, let's put these two things together. A devastating illness means you cannot work. It also means your Sig O will have to take significant time off work. We know most people are ill prepared for a six month long emergency and can rationally figure the poorer a family is the less likely they are to be part of the folks with several months of cushion in the bank. If one is in poverty, a several thousand dollar bill, coupled with no/greatly decreased income and little/no savings (probably high levels of consumer debt too) will make one just as bankrupt as if one did not have health insurance, no?
Anyone that has no savings, a low income, and any sort of debt obligations that has "peace of mind" due to Obamacare is not wise.