The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31118
Likes: 52601


I don't think people declare bankruptcy over $5K.


Yes, I'm sure there are examples, but generally speaking, people with employee sponsored healthcare coverage (~50% of the country) do not go bankrupt from a major health event. Or when they do, it's not the health event itself, it's the fact that they can't work, they don't have good LTD coverage, and their OTHER bills are what cause them to file for bankruptcy. There's plenty wrong with our system, but let's not start making up stuff like even if you have insurance, if you're not rich and you get sick you'll go bankrupt.

Regarding the $5K.... and yes, I know not everyone has a comfortable salary, but if you can't come up with $5K in an emergency, you need to start reprioritizing other things in your budget to build that cushion.

(In response to this post by 111Balz)

Posted: 11/08/2019 at 07:05AM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
How Trump wins -- WarmHoo 11/07/2019 1:15PM
  He's already won ** -- MasterRusty 11/07/2019 11:21PM
  The's the $10,000 question -- Beerman 11/07/2019 2:30PM
  That's the wrong question IMO -- Hfbyrd 11/07/2019 3:37PM
  No reason on earth to charge me -- Shenhoo 11/07/2019 2:35PM
  Medicare overhead is far less. ** -- Shenhoo 11/07/2019 2:43PM
  The Canadian system is not the model to emulate ** -- Tuckahokie 11/07/2019 1:51PM
  So what country should we emulate -- VaTechie 11/07/2019 2:01PM
  France. Seriously. ** -- Seattle .Hoo 11/07/2019 4:41PM
  France or Germany. ** -- BocaHoo91 11/07/2019 2:10PM
  Cool, I really want to know what others think. -- VaTechie 11/07/2019 2:11PM
  Yeah, look at that PDF -- VaTechie 11/07/2019 2:28PM
  It all finally makes sense. ** -- HoosWillWin 11/07/2019 1:48PM
  Pretty sure that was Warren too ** -- wahoo138 11/07/2019 1:59PM
  Our healthcare system is broken -- WahooMatt05 11/07/2019 1:37PM
  I’m just not a fan. -- fphoo 11/07/2019 1:23PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307