Quote:
Originally Posted by merrylander
You do realize that bankruptcies due to medical expenses are unheard of in most civilized countries.  |
I've had enough of this idiocy too. The left loves to walk around saying things like:
Inability to pay medical bills is the number one cause of personal bankruptcy in America!
Or, like the article Finn linked to:
One in five American adults will struggle to pay medical bills this year. The source of Finn's info was that well - respected medical cost research firm "
Nerdwallet".
Here's
one study that that left loves to cite when throwing around the top-line stat about medical bankruptcies in the US:
Using a conservative definition, 62.1% of all bankruptcies in 2007 were medical...
What these studies fair to parse between are whether or not the individual was forced to stop working when due to their illness, which of course would have been a significant factor in bankruptcy proceedings.
In fact, inability to pay due to loss of income is the most likely scenario for the numbers reported in these studies. According to "Nerdwallet":
Despite having year-round insurance coverage, 10M insured Americans ages 19-64 will face bills they are unable to pay. According to the AMJ study: We designated bankruptcies as “medical” based on debtors’ stated reasons for filing,
income loss due to illness, and the magnitude of their medical debts.
So, the assumption that these folks were uninsured or had no access to health insurance and that was the cause of their bankruptcy is BULL SHIT!!
Now that we've got
an apples to apples comparison of medical bankruptcies that include loss of income, and using your definition of "civilized countries", apparently Canada is not civilized! In Canada, depending on which list you look at, Canada DOES have bankruptcies due to medical, and its either the top 3 or top 4 reason that folks in Canada file for bankruptcy.
http://www.creditcards.ca/credit-car...krupt-1265.php
https://bankruptcy-canada.com/bankru...of-bankruptcy/
Glad to be here to debunk the fake news BS that some of you love to throw around.