Quote from Onekidneynurse
And 100% were caused by poor planning, borrowing more than they could afford. When 46% something are caused SOLELY by medical bills then we should talk. Remember by filing bankruptcy those people got their health care for free.
Let's see, I had breast cancer...my insurance did not cover the cost of my anesthesiology, my pathology, or one of my prescribed meds (not on formulary or nonparticipating physician groups). Cost me huge amounts of money in lost work, travel, and above mentioned bills. How exactly do I plan for that?
My husband had a bowel obstruction...had surgery at University of Michigan which the insurance company refused to pay for....none of the preop diagnostics, intraop service, postop inhospital care, or post discharge dressing supplies or nursing care. Nada...none of it...they called it pre-existing. How exactly does a person plan for that?
Your rather callous assumption that medical bankrupcy is not relevant unless the person has a huge savings account and no other debt is ridiculous. The fact that ONE serious interaction with our current health delivery system can RUIN the financial life of an american family is a disgrace. Your statement suggests that having a mortgage, a car payment (with insurance for both), and a loan for your new septic system (or whatever) is "borrowing more than they can afford"...I would bet that you have at least two of those debts as well...and just like the people you criticize, you afford it just fine IN THE ABSENCE OF ONE SERIOUS INTERACTION WITH HEALTHCARE THAT IS NOT COVERED BY YOUR INSURANCE. Here is your challenge...imagine that you need surgery...for something urgent and unexpected...and your insurance company refuses to pay. Imagine that you now negotiate with the hospital to pay them $2k/mo to pay off the $100k bill for services. Imagine that you go back to work as quickly as you can...but you still need time for follow up appts, for therapy, or whatever (none of it paid by the insurance). How does that fit into your budget? What else needs to happen before you can no longer make it on your income, before bankrupcy becomes the best option so that your family at least has a house to live in? If this happens to you does that make you a poor planner? If you only had $50k in savings but needed $100k to stave off bankrupcy, does that make you a poor planner?
A total lack of compassion for those unfortunate enough to lack real options when it comes to insurance and healthcare is becoming all too common and increasingly celebrated.