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> It would be great if someone could get a high-paying job and not worry about being bankrupted by an unforeseen medical disaster Serious question. How does t
by coredog64 9y ago
> It would be great if someone could get a high-paying job and not worry about being bankrupted by an unforeseen medical disaster
Serious question. How does the following situation work in Canada?
You make a bunch of money and so you buy a house and car appropriate for your salary. You then get cancer (or your arm falls off, or whatever) and you lose your job. Who makes that house and car payment for you?
- abawany 9y agoAs I read it, the point being made is that healthcare costs are so out of whack in the US that they have to potential to bankrupt you manifold without insurance. If you have no savings, then certainly the question of who pays the mortgage is valid. However, healthcare is a good social net in Canada so when you get this arm-falling-off-cancer, you use your savings to pay for the house as long as you can and hope the healthcare safety net maximizes your life.