g5000
Diamond Member
- Nov 26, 2011
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And thanks to Trump, medical costs are at the highest they have ever been in the history of the Universe.Fact is lots of people go bankrupt.https://www.snopes.com/fact-check/643000-bankruptcies-in-the-u-s-every-year-due-to-medical-bills/So severely sick people should lose everything for being illAnd then accordingly, those who want it, have to pay the cost, full freight. Notto mention, what you are advocating, is not insurance.
HOW many severely sick people LOSE everything? Where are your facts? AGAIN sounds so caring, so thoughtful but yet you haven't any proof!
FACTS are if you read the below ... NONE would have to if YOU read the facts!
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First of all SNOPES statement was a mixture of truth and falsehood!
The reason:. However, in that analysis NerdWallet repeatedly stated that their findings were “estimates” or “extrapolations,” and some of their data were quite old even back in 2013.
The best way to avoid medical bankruptcy is to prevent medical bills.
To do that, you must prevent or manage chronic diseases.
The most expensive are diabetes, at $26,971 per family, and neurological disorders like multiple sclerosis, which cost $34,167 on average.
The biggest expense is hospitalization, which caused half of the bankruptcies.
High medical bills from accidents can't be avoided. For those situations, a financial cushion is a must. Sock away three to six months of expenses in a savings or money market account. Only a third of Americans have more than $1,000 in savings.
As the research shows, health insurance won't completely protect you. Many people were bankrupted by high deductibles and other out-of-pocket expenses.
You should have at least the amount of your deductible in savings
Do Medical Bills Really Bankrupt America's Families?
But why don't you attack lawyers because of what they do to encourage this waste? Why do you love lawyers that you won't even mention this? Are you afraid?
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This Is the No. 1 Reason Americans File for Bankruptcy
According to the Kaiser Family Foundation (KFF), more than a quarter of U.S. adults struggle to pay their medical bills. This includes folks who have insurance, whether independently or through an employer. In fact, medical debt is the No. 1 source of personal bankruptcy filings in the U.S., and in 2014, an estimated 40% of Americans racked up debt resulting from a medical issue.
"You're going to have such great health care at a tiny fraction of the cost, and it's going to be so easy."