herrick.>> mr. chairman, ranking member hutcheson, and members of the committee, i am devon herrick. i welcome the opportunity to share my views, and i look forward to your questions. between 1,000,002 million americans currently have a health plan with limited benefits -- between 1 million a and 2 million americans currently have a health plan with limited benefits. a typical design of this planned include coverage for physician visits, and ancillary tests, hospital days, and prescription drugs. their deductibles and co- payments can be pretty low, and the maximum amount of benefits that can be claimed is capped anywhere from a few thousand dollars to 50 tons and dollars in newly. these plans are affordable. premiums for single coverage can start out as low as $250 a year, or for family coverage, as low as $1,000 a year. one reason why they are affordable is because of the amount of risk that the company is underwriting is lower than a comprehensive plan and is capped at a predetermined level

hy don't think doctor herrick totally gets it. the one will pay 8% of their income and tax credits will kick in and i will say this to you. you don't choose the time we will get sick. >> correct. >> a lot of the things we did it won't be corrected until 2014 and starting to come in slowly. i apologize to you if you have not been protected from what has happened to you. i want to explore this with you because from what i understand, you believe you had a $20,000 cap on your policy every year. is that correct? >> i felt it was a buffer. >> who led you to believe there was a $20,000 cap on your policy have opposed to at $2,000 cap? on paying the bills for your illness? >> it wasn't an individual. >> was the insurance company not disclosing this the proper way? was the employer -- how did you come to the conclusion that you had a $20,000 cap when in fact had a $2,000 cap and called mr. finn or the cancer society, thank god you're doing what you do, what sold as a $20,000 cap was that your understanding? >> >> i believe the company is