Insurance supplement

Since the very first day I read about Obamacare I said the major surprise for everyone will be the high deductibles. A typical bronze plan (bronze is the least costly) for a young couple has a $400 monthly premium but a $12,000 annual deductible. When people first looked at Obamacare they concentrated on the monthly cost and didn’t see the surprise coming down the road with high deductibles. Now that they have discovered this, a whole new industry has sprung up. Insurance companies are now offering supplement policies to cover part of the deductible. The downside of this is that people will continue to use medical facilities without concern for cost and this will keep insurance rates going up at a faster rate than inflation.