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Why would a person with $500,000 in medical bills not declare bankruptcy?
They would probably be forced to. That's the point. If they had insurance to cover their medical bills, they wouldn't have $500,000 in outstanding unpaid medical bills, now would they?
Why would a person with $500,000 in medical bills not declare bankruptcy?
they would, but do you think that occurs without consequence? When health care providers have to write off half a million dollars someone is going to pay for it and it won't be their CEO, it will result in higher prices to consumers.
05-07-2017, 10:03 AM
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Quote:
Originally Posted by PedroMartinez
Why would a person with $500,000 in medical bills not declare bankruptcy?
That's sort of the point...
Are you seriously suggesting that we should all be fine with people suffering complete financial ruin when they get sick? If that's not what you're suggesting, then what on earth is your point?
Not true. There are also those who run up bills that never get paid which means those who do not want to help out end up paying anyway as their health care just got more expensive.
True. This is why I think universal healthcare is the only sensible path. With what you said in mind, let's consider this issue from the standpoint of a fiscal conservative. Social programs like medicare aren't going anywhere. They're grandfathered in and most people support them. Currently, Americans spend more tax dollars on healthcare than any other post-industrial western democracy, but each individual gets the least out of it by contrast. So consider this: as it, we already pay for someone's healthcare and this is unavoidable given the nature of insurance AND the current system is not cost effective. Complete privatization, rather one likes it or not, is an impossibility (at least at this point and well into the foreseeable future). Universal healthcare would cost more, no doubt, but it would solve the cost effective problem. Frankly, I think that's the best we can actually do.
They would probably be forced to. That's the point. If they had insurance to cover their medical bills, they wouldn't have $500,000 in medical bills, now would they?
And they have the CHOICE of getting insurance to keep that from happening, that's why it's called insurance.
Quote:
Originally Posted by 2sleepy
they would, but do you think that occurs without consequence? When health care providers have to write off half a million dollars someone is going to pay for it and it won't be their CEO, it will result in higher prices to consumers.
And when that $500,000 in bills is paid by the insurance companies, it's paid for by the other people paying for insurance.
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The real issue is how those with serious pre-existing conditions are paid for.
Personally, I'd like would like to see a federal catastrophic and uninsurable insurance plan that everyone participates in and everyone must help pay for.
People should be responsible for their own normal medical care, but there should be a system that helps with catastrophic illness and the serious pre-existing conditions.
And they have the CHOICE of getting insurance to keep that from happening, that's why it's called insurance.
By George, I think he's got it!
I HAVE insurance under the ACA that I pay a premium for every month. Under the POS bill the House just passed, being over 50, I would not be able to afford to buy insurance. Thus, I will have NO CHOICE about having insurance.
I HAVE insurance under the ACA that I pay a premium for every month. Under the POS bill the House just passed, being over 50, I would not be able to afford to buy insurance. Thus, I will have NO CHOICE about having insurance.
Good boy! You finally got there!
Under ACA, did you have the CHOICE not to buy insurance?
Under ACA, did you have the CHOICE not to buy insurance?
There, good boy.
I was THRILLED to finally be able to buy insurance. That's what you don't understand. You have no concept of what it was like to have no access to health insurance. It's a terrifying way to live, always hoping and praying you don't get into an accident or get sick. You know not of what you speak.
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