Whatis Insurance? Sebelius Wilful or Ignorant?

“Some of these folks,” Sebelius said, referring to those hit by ObamaCare’s price spikes, “have very high catastrophic plans that don’t pay for anything unless you get hit by a bus. They’re really mortgage protection plans, not health insurance.”

As John Merline at IBD observes:

Sebelius has it exactly wrong. It’s precisely those catastrophic plans that are real insurance, which in case anyone has forgotten is supposed to protect against unforeseen costly events, not pay $20 doctor visits.

What Obama and company are trying to force down everyone’s throats isn’t insurance, it’s massively expensive prepaid health care.

Too bad for those who’d rather buy real insurance and spend their money on something else.

via Instapundit » Blog Archive.

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