President Trump doesn't like high deductibles, and he's not alone. High deductibles, provisions of health insurance plans that leave people on the hook for thousands of dollars of medical costs before insurance coverage truly kicks in, are an unpopular part of health insurance.
But if Republicans' health care bill becomes law, more people would land in insurance plans with high deductibles, according to the Congressional Budget Office analysis.
IHPI member, Mark Fendrick, director of the U-M's Center for Value-Based Insurance Design, is working on ways to design high-deductible plans more effectively, but said that in their current form the plans take a toll on sick people with diseases that need to be carefully managed.
“In their existing form, we have shown that people with high-deductible health plans actually buy less essential medical services and have been shown to be particularly problematic in people with chronic diseases — who are socioeconomically vulnerable,” Fendrick said. “Improvements need to be made to these plans to make sure these limitations are being addressed.”