A three-stage formula could replace Obamacare

A three stage insurance policy could replace Obamacare that forces individuals to buy insurance at high premium and deductible rates especially, where insurance companies have stopped making it available.

1. Initial Coverage Stage: Patients co-pay 20 percent for each medical incident until out of pocket costs reach $4,000.

2. Coverage Gap Stage: After $4,000, patients co-pay no more than 51 percent for each incident until an additional $1,000 out of pocket cost is reached to activate catastrophic coverage.

3. Catastrophic Coverage Stage: After $5,000, insurance pays 95 percent of most cost for the rest of the calendar year.

Coverage stages start again the next calendar year.

This formula is partially based on Medicare participants who have a Part D prescription drug plan.

Greg Kauwe