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Purchasing insurance is being personally responsible, and not a liberal idea. Medical bills can run in the millions, and are #1 reason for personal bankruptcy in US. Are you trying to say that a good conservative doesn't buy insurance? LOL
You do reaLIZE THAT STUDY BY ELIZEBETH WARREN THAT SHOWED medical bills as being the #1 cause of bankruptcy also showed that 73% of those who filed bakruptcy for " medical bills" owed less then $1000 in medical bills right?
No it doesn't and that has been debunked. Of the medical bankruptcies most HAD insurance (75% of them).
You see health insurance is not 100% coverage. There are out of pocket costs and if you have zero savings and are in debt up to your eyeballs getting sick, even with insurance, is financial suicide.
Exactly! It's gotten to the point that the insurance companies are reviewing your medical records and sending you reminders of "preventitive" in the hopes that you avoid using the insurance you are paying for. I was actually receiving reminder voice mails at work from Blue Cross. I had to call them up and literally go balistic and shame them into not calling me. Talk about being ticked off . . .
You do reaLIZE THAT STUDY BY ELIZEBETH WARREN THAT SHOWED medical bills as being the #1 cause of bankruptcy also showed that 73% of those who filed bakruptcy for " medical bills" owed less then $1000 in medical bills right?
METHODS:
We surveyed a random national sample of 2314 bankruptcy filers in 2007, abstracted their court records, and interviewed 1032 of them. We designated bankruptcies as "medical" based on debtors' stated reasons for filing, income loss due to illness, and the magnitude of their medical debts. RESULTS:
Using a conservative definition, 62.1% of all bankruptcies in 2007 were medical; 92% of these medical debtors had medical debts over $5000, or 10% of pretax family income. The rest met criteria for medical bankruptcy because they had lost significant income due to illness or mortgaged a home to pay medical bills. Most medical debtors were well educated, owned homes, and had middle-class occupations. Three quarters had health insurance. Using identical definitions in 2001 and 2007, the share of bankruptcies attributable to medical problems rose by 49.6%. In logistic regression analysis controlling for demographic factors, the odds that a bankruptcy had a medical cause was 2.38-fold higher in 2007 than in 2001. CONCLUSIONS:
Illness and medical bills contribute to a large and increasing share of US bankruptcies.
Illness yes, as many times it prevents one from being able to work.
Keep in mind it was also done on an honer system meaning when one had the choice to either say " im filing bankruptcy becaue Im a deadbeat who dosnt want to pay my bills " or the other option " Im filing bankruptcy because of medical bills" they chose the later . That would come as no surprise.
Yet one must realize no one files bankruptcy for $2000 in outstyanding debt. So when almost 3/4 of them had medical bills of under $1000 an educated person can conclude the medical bills were not the reason for mounting debt, they were just the excuse.
Illness yes, as many times it prevents one from being able to work.
Keep in mind it was also done on an honer system meaning when one had the choice to either say " im filing bankruptcy becaue Im a deadbeat who dosnt want to pay my bills " or the other option " Im filing bankruptcy because of medical bills" they chose the later . That would come as no surprise.
You are quick to call them deadbeats, but the truth is that most medical debtors were well educated, owned homes, and had middle-class occupations. 92% of these medical debtors had medical debts over $5000
If you don't have insurance, or when you hit the insurance cap, you have to sell what you have or take a second motgage on your house, and often admit the burden is more than you can handle. I believe the cap is no longer a problem going forward, which will be huge relief for thousands of Americans.
I'm sure a lot. But was the fact that they HAD health insurance the cause of their death?
The first statement implies that because of the lack of health insurance and probably because they couldn't afford proper care they died.
Tons of people with health insurance die but it's not due to the fact that they HAVE it.
Exactly. Many die with, or without insurance of causes which cannot be prevented, and obviously that is an entire topic alltogether.
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Many die with, or without insurance of causes which cannot be prevented, and obviously that is an entire topic alltogether.