Comment Re:Lies and statistics... (Score 1) 570
The ACA dictates that any health insurance plan must have an out-of-pocket maximum of $6,350 per year for an individual and $12,700 per year for a family. The MOST that multi-million dollar cancer treatment would cost anyone is $6,350. After that, 100% of the expenses are paid. Should a multimillion dollar cancer decide to strike the entire Octomom Clan, then the most that the Octoparents would be paying is $12,700.
Some plans have lower out-of-pocket maximums, but the highest that they can be and still be compliant with the ACA is $6,350. The out-of-pocket maximum also includes all deductibles, coinsurance, copayments, or any other such similar payments for all covered medical expenses (including prescriptions, exams, tests, labs, etc.)
So once the cost of treatment on a 20% coinsurance plan has totaled about $30,000, then the patient isn't paying for anything else out of their own pocket.