Quote:
Originally Posted by VRM
However, 50-60% of bankruptcies (before the current economic mess) were caused by catastrophic medical costs for a family member. I think we can do better, but I am not exactly sure how without the rich paying for everyone elses care (which I do not want to happen). I take WHO stats (and pretty much everyones) with a grain of salt - the truth is usually somewhere in the middle.
Like I said - Obama has the wrong plan.
Steve
|
I hear that quoted all the time, but I haven't seen that happen once, presented in that way. However, what usually occurs is that the bread earner becomes sick, and immediately or eventually becomes unable to work, and then loses their job/insurance while still stacking up medical bills. At some point they file bankruptcy to wipe the slate clean, and eventually go on medicare/medicaid. It's not the medical bills themselves that cause the bankruptcy, it's the loss of their job and their health insurance that leads to mounting bills and bankruptcy. That's what I see, over and over.