A striking feature of the insurance offered on the ObamaCare health insurance exchanges is the imposition of very high deductibles. For example, the law allows the deductible to be as high as $6,600 for an individual and $13,200 for a family in 2015. A Kaiser Foundation survey finds that on the average, deductibles in the exchange plans are about twice as high as the deductibles in a typical employer plan.
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?