2 ms·
I'm not an American so I could be wrong, but I don't believe they can take money from their Old Age Security (government pension?), but that is not enough money
by allannienhuis 11y ago
I'm not an American so I could be wrong, but I don't believe they can take money from their Old Age Security (government pension?), but that is not enough money to live off of anyway. If you have personal savings, you must use that to pay your medical bills, even if you are living off of that savings. This system seems so inhumane to me as a Canadian. You wouldn't treat your own children or family that way (if they're hungry you would feed them wouldn't you?), why accept it as 'normal' for your society as a whole. Figure out a way to use your absolutely immense resources to take care your own. We don't have it perfect in Canada either, but at least I know I won't be eating cat food in my retirement even if my own plans for my future haven't worked out.
Edit - sibling poster pointed out that personal savings in approved retirement savings plans/schemes would not be put at risk for medical debts, which makes sense. The problem however with the folks described in this story is that a substantial amount of people _don't_ actually do this - they either have not saved anything, or their savings were in other forms (real estate, etc) which have been eroded/lost.