4 ms·

Wow you've lived a charmed life, friend. This is not the experience of the vast majority of people. Medical debt is real, and crushing.

• knodi 3y ago
  Yes, crushing indeed. Number one cause of bankruptcies in the US is medical expenses.
  • ch4s3 3y ago
    That's not really true, or at least it would be hard to say for sure. Every source saying that cites the same survey where a majority of respondents claimed that it was at least a contributing factor. Its actually really hard to get good breakdowns of the numbers on this.
    • brewdad 3y ago
      It's sort of a straw that breaks the camel's back situation in most cases I would wager. It's less that medical debt caused bankruptcy than it, added on top of housing debt and car loans and credit cards and student loans etc., finally pushed a household to a point where getting out from under it all was too much.
      • ch4s3 3y ago
        Yeah, I don’t exactly disagree. Many years ago I worked at a debt counseling company and had occasion to look at the records and listen in on phone calls. It was really quite fascinating and heartbreaking. There definitely seemed to be a few common patterns. Big debts around car crashes and complicated births were not uncommon. But on the other hand almost everyone had a crazy mortgage and a pile of credit card debt too.
• deleted 3y ago
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