31 ms·
> True. The central problem described in the article is that he has cancer and doesn't want to go bankrupt from the medical bills. What bills? He’s 79 so he’d
by koolba 1y ago
> True. The central problem described in the article is that he has cancer and doesn't want to go bankrupt from the medical bills.
What bills? He’s 79 so he’d have been on Medicare for the past 14 years. Sure there’s the Medicare premiums, but that’s peanuts.
- zie 1y agoMy mom's insurance with medicare generally covers 80%, she gets to pay the leftover 20%. So uh bills with medicare is totally a thing.
- typpilol 1y agoMy dad has medigap that covered all that He pays like 140 a month extra for it though. But he had all his cancer treatments covered
- dyauspitr 1y agoWhat about maximum out of pocket maximums? All expenses are capped at like $15k per year right?
- lostlogin 1y ago> capped at like $15k per year right? That’s a lot of money for most retirees.
- olelele 1y agofor a majority of ppl on earth even
- dyauspitr 1y agoIt’s not that much money considering the crazy amount of hospital time and advanced treatments administered. That’s 25% of the average annual salary in the United States and you should be able to pay that for once in a lifetime treatments.
- lostlogin 1y agoI’m surprised how high the average wage is, but despite that, many have little in savings. Around a third of Americans have less than $1000. https://www.forbes.com/advisor/banking/savings/average-american-savings/ https://www.forbes.com/advisor/banking/savings/average-ameri...
- dyauspitr 1y agoStill, it’s good to keep in perspective during these discussions where it’s made to seem like people are being asked to pay millions for healthcare that were not really talking about bills that high.
- hiddencost 1y agoYou're deeply confused about the average American experience.
- petesergeant 1y agoTell us then, many of us are not Americans
- koolba 1y agoNo, I’m deeply confused why he would have massive medical bills when he’s covered by Medicare. Medicare covers 80% of bills and Medigap plans cover the other 20%. I think some recent changes obviate their need too by capping the annual out of pocket to (I think) $2,000. I don’t think he has any such bills. From the article: > He has said he intends to use the proceeds to help manage medical expenses for possible health crises, and to fund programs for people with disabilities. He doesn’t need the money to pay for some treatments for himself. He wants the money to give it away to others.