ObamaCare and Bankruptcy

[whell]

Originally Posted by bobabode

I guess that Consumer Reports is now "fake news", how convenient.

You said it. I didn't.

[barbara]

Thanks for the information, Bob.

Inadequate health care has been the cause of bankruptcy far too long.

[bobabode]

Originally Posted by barbara

Thanks for the information, Bob.

Inadequate health care has been the cause of bankruptcy far too long.

You're welcome, Barbara.

[whell]

I'm not aware of any studies that have looked at the relationship between medical bankruptcies and the advent of Obamacare. The graph in the OP from Consumer Reports simply counts ALL bankruptcies, not specifically medical bankruptcies, charts the number of total bankruptcies decreasing, and suggests that Obamacare has something to do with it. Hardly a work of scholarly research, IMHO.

On the other hand, there was a study that looked at the rate of MEDICAL BANKRUPTCIES in Massachusetts to determine if Romneycare had might have caused a reduction in MEDICAL bankruptcies. According to that study:

Results
In 2009, illness and medical bills contributed to 52.9% of Massachusetts bankruptcies, versus 59.3% of the bankruptcies in the state in 2007 (P=.44) and 62.1% nationally in 2007 (P<.02). Between 2007 and 2009, total bankruptcy filings in Massachusetts increased 51%, an increase that was somewhat less than the national norm. (The Massachusetts increase was lower than in 54 of the 93 other bankruptcy districts.) Overall, the total number of medical bankruptcies in Massachusetts increased by more than one third during that period. In 2009, 89% of debtors and all their dependents had health insurance at the time of filing, whereas one quarter of bankrupt families had experienced a recent lapse in coverage.

Conclusion
Massachusetts' health reform has not decreased the number of medical bankruptcies, although the medical bankruptcy rate in the state was lower than the national rate both before and after the reform.

[Chicks]

Yeah, they probably didn't include Trump's many bankruptcies in the CR study, lol.

[whell]

Originally Posted by Chicks

Yeah, they probably didn't include Trump's many bankruptcies in the CR study, lol.

First, CR didn't do a "study". They did a counting exercise. Second, since Trump's last bankruptcy was in 2009, that single bankruptcy was only one of 1.412 million bankruptcies that occurred that year.

[bobabode]

Originally Posted by whell

First, CR didn't do a "study". They did a counting exercise.

It's a shame that math has such a liberal bias, eh?

[Rajoo]

Originally Posted by bobabode

It's a shame that math has such a liberal bias, eh?

Predictable deflection, don't agree with the result, question the math.

[whell]

Originally Posted by bobabode

It's a shame that math has such a liberal bias, eh?

I don't dispute their math. I did dispute their premise and their methodology.

I think the BS factor in the CR image you provided has been pretty thoroughly exposed here. I've explained it quite clearly, and even countered CR's "counting exercise" links to research and a NY Times piece which pretty thoroughly puts the lie to CR's little graph.

But hey, Bob, don't let me stand in your way if you want to stand by the BS.

[bobabode]

Originally Posted by whell

I don't dispute their math. I did dispute their premise and their methodology.

I think the BS factor in the CR image you provided has been pretty thoroughly exposed here. I've explained it quite clearly, and even countered CR's "counting exercise" links to research and a NY Times piece which pretty thoroughly puts the lie to CR's little graph.

But hey, Bob, don't let me stand in your way if you want to stand by the BS.

You haven't proven shit, Mike. All you've done is to wave your hands about while bloviating hysterically. I suggest you go read the whole article.