Over the years I've had many callers tell me they just wanted "catastrophic" health insurance coverage. What they wanted was just a basic plan with little to no bells and whistles with a high deductible.

Well, the Affordable Care Act provides for an actual "Catastrophic" plan. And, yes, that's the name of it with all carriers. Not only that, but, as far as I'm aware, the benefits are exactly the same with all carriers.

However, Catastrophic (with a capital "c") plans are generally open only to those who are under age 30 or to those who meet specific situations deemed "hardship exemptions."