Deductibles instead of percentage of service are one of the sillier ways to implement insurance.
I understand that this saves people who go way over, but if the deductible is $2500, what's to stop a $25000 operation from becoming a $35000 one?
There's the hospital-insurance relation but given how flexible hospitals end up being on pricing it sure doesn't feel like enough
Re:Affordable Care
by nommm-nommm on Saturday January 14, 2017 @10:50PM
(#13402195)
Most insurance companies have deductibles AND a percentage of service over the deductible (coinsurance) AND a copay that you always pay and doesn't count towards your deductible.
As a sidebar, it's awesome when you have a situation as described, and then never go to the doctor again for the rest of the year, and so get no cost reductions on anything, despite paying out-of-pocket for the services you did use, plus whatever your premiums are.