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This is how the USA was pre-ACA (but without the prepay requirement). The benefit caps were called lifetime maximums and were generally much higher dollar amou
by fludlight 8y ago
This is how the USA was pre-ACA (but without the prepay requirement). The benefit caps were called lifetime maximums and were generally much higher dollar amounts. Still, they were low enough to bankrupt the average family if someone had a major catastrophe.
- cobookman 8y agoBut that person would be alive. Also certain assets are protected in bankruptcy. https://money.howstuffworks.com/personal-finance/debt-management/protect-assets-from-bankruptcy.htm https://money.howstuffworks.com/personal-finance/debt-manage...