[gohrt]

Where's the fraud? It seems that your complaint is that health insurance is surprisingly expensive when it includes too many people who might need it. Catastrophic health care protection costs $4K/yr, about as much as transportation or food, less than rent, more than telecommunications. So? Where's the fraud in that?

[hardcandy]

I just priced out a (non ACA) catastrophic insurance policy with roughly the same deductible as my ACA plan. It came in at $75/mo versus the low $300/mo for what I pay for my ACA plan. I assume this reflects the fact that I am being risk pooled with other non smoking healthy mid 30s males without any pre-existing conditions. By ''fraud'' I meant that I feel like I am being charged too much for too little, and those price points would support that. Of course it's happening in the context of a subsidy that society has determined it wants to create as discussed elsewhere.

[ZeroGravitas]

You don't seem to realise that you're subsidising your future (potentially hypothetical) self.

You have to run the numbers and put in the chance of you marrying and having kids and someone having cancer or being in a bad car crash or similar, or just getting older, and potentially getting refused coverage or going bankrupt due to medical bills.

Only then, if the NPV is less than under the current scenario is there something worth complaining about. (Since no one ever makes this argument and instead says silly things about the costs for healthy young single men with no history of health problems, I'd guess you are actually saving money under ACA)

Otherwise you're just gambling, but not even admitting you're gambling, which is pretty dumb behaviour.