3 ms·

I suspect a large portion is to escape a health crisis, such as terminal illness or impending dementia. Mixed with skyrocketing healthcare costs, this also migh

• Zigurd 3y ago
  Two things about why this is a perceptive observation: First, when looking at a systemic trend, look for systemic causes. For-profit, private sector health insurance is not a healthy market. Some markets need to die, before they kill more people. Second, because the cause is likely systemic, don't blame or try to "fix" individuals.
  • pbourke 3y ago
    > For-profit, private sector health insurance is not a healthy market. Anyone over 65 would be on Medicare. It’s not exactly free, but it’s also not private.
    • Podgajski 3y ago
      I am on Medicare, and ever since 2007 It’s gotten worse and worse and worse to the point now or I can no longer get care or the test because doctors are so afraid of not getting reimbursed from Medicare.
    • prirun 3y ago
      Drugs can be expensive on Medicare because of the "doughnut hole". Ie, anyone on expensive drugs ends up paying around $7K-8K a year for drugs, on top of their Medicare premium and supplemental insurance premium, which together are anywhere from $200-500 per month depending on the plan. https://www.medicareinteractive.org/get-answers/medicare-prescription-drug-coverage-part-d/medicare-part-d-costs/the-part-d-donut-hole https://www.medicareinteractive.org/get-answers/medicare-pre... Medicare premiums increased 5.9% for 2024 ($9.80 increase from $164.90), while the 2024 COLA for Social Security benefits is 3.2%. So the longer you live, the worse your financial picture gets.