3 ms·
Sorta but the people that find themselves in that situation will [usually] run out of money before the Cancer either: A) Kills them B) Is Cured Losing an inco
by opendais 12y ago
Sorta but the people that find themselves in that situation will [usually] run out of money before the Cancer either:
A) Kills them
B) Is Cured
Losing an income is kinda a big issue when you still have to pay cash for the medical insurance. ACA just fixed one issue. It didn't fix the underlying problem of:
Major Health Event == Bankruptcy Due To Loss of Income
It fixed it for many middle class folks [e.g. programmers] that can save enough to survive that kind of event. I doubt someone making $10-12/hr can save enough.
- dragonwriter 12y ago> Losing an income is kinda a big issue when you still have to pay cash for the medical insurance. ACA just fixed one issue. ACA also expanded Medicaid eligibility [1] and includes income-based subsidies for insurance, so it addresses (to a certain extent) the having to pay cash for the insurance. [1] Though several states successfully sued to create an opt-out for the expansion and have opted out, so in those states, the expansion doesn't exist.
- opendais 12y agoYes. But switching providers isn't that simple and doesn't cover everyone. Idk about you but I'm paying about $0/year now and I know that coverage would cost me $XXX/month via cobra or the like. I'd have to start over with Medicaid (due to different providers taking it) combined with the fact its a minority expense less than my food or rent.