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>This includes medical debt (#1 reason for bankruptcy), which is considered a consumer PRODUCT. Only 4% of US bankruptcies are because of medical bills <https:

by TMWNN 3y ago

>This includes medical debt (#1 reason for bankruptcy), which is considered a consumer PRODUCT. Only 4% of US bankruptcies are because of medical bills <https://www.washingtonpost.com/blogs/post-partisan/wp/2018/03/26/the-truth-about-medical-bankruptcies/ https://www.washingtonpost.com/blogs/post-partisan/wp/2018/0...>. A tipoff that [insert large percentage here] of bankruptcies aren't actually because of medical costs is that only 6% of bankruptcies by those without health insurance are because of that cause. The biggest cause of bankruptcies is lack of income, which health insurance doesn't affect.

sureglymop 3y ago
What about injuries and deaths due to avoidance of medical service as there is a cost associated with it that may not be coverable?
- ProllyInfamous 3y ago
  See my similar situation, in sibling_comment. tl;dr: I don't pay for US health insurance, and didn't even when I briefly attended a US medical school [the system is broken... always has been..!].
ProllyInfamous 3y ago
>The Kaiser Family Foundation showed that 41% of U.S. citizens carry some sort of medical debt, and 24% were considering bankruptcy to solve a medical debt issue. You're correct my phrasing of "large percentages" wasn't correct; instead, what I meant to have said was that health issues in USA are largest single contributing issue affecting bankruptcy within our country. I'm not trying to smear shit — I dropped out of medical school fifteen+ years ago and haven't myself had health insurance for the majority of my adulthood [decades+]. If I had a family, I would approach my insurance needs differently... but I just choose to opt-out (knowing this is not good for healthcare management, long-term). So yes, technically you're correct to say that "The biggest cause of bankruptcies is lack of income." The best kind of correct [technical, misunderstanding the premise].

by TMWNN 3y ago

sureglymop 3y ago

What about injuries and deaths due to avoidance of medical service as there is a cost associated with it that may not be coverable?

ProllyInfamous 3y ago
See my similar situation, in sibling_comment. tl;dr: I don't pay for US health insurance, and didn't even when I briefly attended a US medical school [the system is broken... always has been..!].

ProllyInfamous 3y ago

>The Kaiser Family Foundation showed that 41% of U.S. citizens carry some sort of medical debt, and 24% were considering bankruptcy to solve a medical debt issue. You're correct my phrasing of "large percentages" wasn't correct; instead, what I meant to have said was that health issues in USA are largest single contributing issue affecting bankruptcy within our country. I'm not trying to smear shit — I dropped out of medical school fifteen+ years ago and haven't myself had health insurance for the majority of my adulthood [decades+]. If I had a family, I would approach my insurance needs differently... but I just choose to opt-out (knowing this is not good for healthcare management, long-term). So yes, technically you're correct to say that "The biggest cause of bankruptcies is lack of income." The best kind of correct [technical, misunderstanding the premise].