When Having Insurance Still Leaves You Dangerously Uncovered

One of the few things that Donald J. Trump and Hillary Clinton seemed to agree on was that high out-of-pocket spending on health care was a problem. One of Mrs. Clinton’s most popular health care proposals during her campaign was to reduce out-of-pocket spending to more “manageable” levels for many Americans. President-elect Trump said he could fix this problem by repealing Obamacare and replacing it with something better.

As I’ve written before, while more Americans are insured, many are still underinsured — meaning that they are exposed to significant financial risk from out-of-pocket payments. Reducing out-of-pocket spending, however, will require some trade-offs. No easy solution exists, but there are examples out there worthy of consideration.

– New York Times

Read the full article here.