The definition of health insurance.

[Eric J in MN]

Trumpcare will let insurers exclude the ACA's "Essential Benefits." Things like the cost of hospitalization.

However, the CBO has a good definition of insurance (below), and it won't count the people getting ripped off that way as insured.

An important function of insurance is to provide financial protection against high-cost, low-probability events. Consistent with that notion, CBO broadly defines private health insurance coverage as a comprehensive major medical policy that, at a minimum, covers high-cost medical events and various services, including those provided by physicians and hospitals. The agency grounds its coverage estimates on that widely accepted definition, which encompasses most private health insurance plans offered in the group and nongroup markets. The definition excludes policies with limited insurance benefits (known as “mini-med” plans); “dread disease” policies that cover only specific diseases; supplemental plans that pay for medical expenses that another policy does not cover; fixed-dollar indemnity plans that pay a certain amount per day for illness or hospitalization; and single-service plans, such as dental-only or vision-only policies.

https://www.cbo.gov/publication/52352#1

Via

Link to tweet