Deductibles are part of it but coverage is the bigger element. What is typically referred to as "catastrophic insurance" is only available to people under 30 or

Deductibles are part of it but coverage is the bigger element. What is typically referred to as "catastrophic insurance" is only available to people under 30 or with a "hardship exemption". Higher deductibles and higher coverage (i.e., higher premiums) are basically the worst of the worst situation.