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That's the one thing a really don't like about Obamacare: it's doing away with "catastrophic insurance" which is really what insurance actually is.

But I suspect when given the choice between cheap insurance or an expensive payment plan, everyone would pick the former.



That's because the US has turned into a defacto buyer-coalition system where you have to pay to join a club (health insurance provider) which negotiates rates with health care providers. If you don't join such a club, you get charged rates that can be significantly higher (read 2x or more).




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