If anything, it does insure you against catastrophic loss. ACA took away maximum benefit amounts.
The problem is most people don’t have enough cash to even pay for out of pocket maximums, which is around $25k to $30k for a family ($12k to $15k per year, but you need to have two year’s worth in case something happens to you at the end of the year and costs continue into the next year).
The problem is most people don’t have enough cash to even pay for out of pocket maximums, which is around $25k to $30k for a family ($12k to $15k per year, but you need to have two year’s worth in case something happens to you at the end of the year and costs continue into the next year).