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Hospital visits do not go up because individuals are unemployed.
People without health insurance generally see a doctor less often. When fewer people are receiving medical care of any kind (not just hospitalizations), the GDP goes down. Therefore, we can increase our GDP just by facilitating healthcare for all of our citizens. Do you like that idea?
They didnt save enough to pay for their medical care while they were unemployed? I'm supposed to feel sorry for them for not planning the realities of life, which include sickness, loss of job, family members etc..
How much should one have saved? How many months worth of expenses?
Sorry, but as a person who knows financing and credit very well, I can tell you that most bankruptcies are caused by people who buried themselves into debt, over charged their credit cards and took out fake equity lines on their homes.
Nice try but trying to put medical Bk's into this discussion is just an excuse for losers who was going to file BK anyway.
Agreed, the medical issue may have caused many americans to stop paying their bills, thereby needing to file for bankruptcy protection, but one would have to be extremely stupid to file bankruptcy over a "medical bill"..
I'm still waiting for examples of people who are losing their homes over medical bills. Google must be hard at work..
Hint, stop looking people, they file bankrutpcy because they cant pay their OTHER bills due to them getting sick, no one has had a home foreclosed because a hospital has foreclosed upn their home.
Ahh, you get your news source from a CNN blog.. that explains a lot..
I gauge my judgment as a former attending surgeon and by phd degree from tier one school in this country. I heard this news from radio station right next to ESPN, not CNN. I just use your best friend, google, to dig it out as a supporting document.
Agreed, the medical issue may have caused many americans to stop paying their bills, thereby needing to file for bankruptcy protection, but one would have to be extremely stupid to file bankruptcy over a "medical bill"..
I'm still waiting for examples of people who are losing their homes over medical bills. Google must be hard at work..
Hint, stop looking people, they file bankrutpcy because they cant pay their OTHER bills due to them getting sick, no one has had a home foreclosed because a hospital has foreclosed upn their home.
What many people who do not understand is that medical bills are not the real reason people are filing for BK.
The real reason is they buried themselves and when a medical issues arrives they take the easy way out and blame those expenses for their failures.
You would be stupid to file BK because of medical bills.
People without health insurance generally see a doctor less often. When fewer people are receiving medical care of any kind (not just hospitalizations), the GDP goes down. Therefore, we can increase our GDP just by facilitating healthcare for all of our citizens. Do you like that idea?
Um, so you want to pull us out of the recession by a national healthcare, while ignoring the fact that this will be $1Trillion removed from the GDP for OTHER THINGS. haha, thats a good excuse.
I might go tomorrow to get medicine for the flu I have, just doing my part to help the GDP, but wait, I guess I wont be able to buy that new tv. haha
Sorry, but as a person who knows financing and credit very well, I can tell you that most bankruptcies are caused by people who buried themselves into debt, over charged their credit cards and took out fake equity lines on their homes.
Nice try but trying to put medical Bk's into this discussion is just an excuse for losers who was going to file BK anyway.
Do you know something these Harvard researchers don't?
Quote:
Illness and medical bills caused half of the 1,458,000 personal bankruptcies in 2001, according to a study published by the journal Health Affairs.
Surprisingly, most of those bankrupted by illness had health insurance. More than three-quarters were insured at the start of the bankrupting illness. However, 38 percent had lost coverage at least temporarily by the time they filed for bankruptcy
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