3 ms·
Really? Nobody has gone bankrupt due to health issues? Because in Canada, which has universal health insurance, medical bankruptcies are 25% of all bankruptci
by refurb 3y ago
Really? Nobody has gone bankrupt due to health issues?
Because in Canada, which has universal health insurance, medical bankruptcies are 25% of all bankruptcies for those over 55.
Why? Because if you're sick enough, you can't work. You can go on unemployment, but it's capped and doesn't replace 100% of your income. So if you're living paycheck to paycheck, it's not that hard to go bankrupt if you don't have the income to pay your mortgage, car loan, etc.