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As a millennial that went bankrupt and lost their house because of medical bills I have to ask. First time?
Don't ya see? It wasn't a problem until it affected them personally. "Something, something avocado toast."
Pre-ACA it was even worse. Watch Michael Moore's documentary "Sicko".
It’s almost impossible to retire.
Say 1.5 million in retirement savings earning 5% making $75,000 year.
According to AARP the average cost of cancer treatment is $150k, so some is less, some is more. Hope you get the “less” side, but if not…
There goes all your income. Unless you start withdrawing the principal. If you do, and survive, now your income is reduced.
$1.5 million, looking at the American financial landscape, is not a number most Americans are going to have when they reach retirement age.
This is just another culture war to distract everyone from the class war.
Even though I'd pointed out the same about another article, I was triggered by this one and you brought me back around. Thanks!
Why should illness block your retirement? Healthcare is a human right.
Maybe they should have voted for universal healthcare.
I met one the other day, she apologized for wearing a mask at work, but her immune system was vulnerable because of chemo.
Why the fuck would someone apologize for wearing a mask? What a dumb world we live in.
Even with insurance, medical payments were hundreds of thousands of dollars each month.
Jesus. My father died of lymphoma after fighting it for 8 years or so, and he was miserable for a lot of that time. Luckily (if you can call it that), he was a military veteran and the VA took care of the treatment, but even with the treatment, his quality of life wasn't good. If I get cancer, I'd rather just kill myself before it reaches that point than bankrupt my family. It's pretty fucked that that's something we have to think about.
Ahh but that’s why they sell you life insurance, so you won’t kill yourself and the family can use the payout to pay off your medical debt. Maybe. Ain’t capitalism grand?
There's usually a clause for that kind of death and it only doesn't pay out for like 2 years usually. I'd get a lawyer to look to be sure
Many life insurance policies simply do not pay out in the case of suicide.
Hypothetically speaking, what if you're killed by a cop?
No need for hypotheticals. There have been several documented cases of insurance denying payouts to victims of "suicide-by-cop":
https://www.cbsnews.com/miami/news/life-insurance-rejected-in-suicide-by-cop/
The piss poor US healthcare system is the number cause of personal bankruptcy. I do not know of any prominent US politicians that wants to extinguish the massive dumpster fire. If you voted for Putin's Sock Puppet, the GOP and Project 2025, I have zero sympathy for your asses. Your fucking grocery prices somewhat valid, but none of you MAGAt fuckers mentioned the rising cost of healthcare which outpaces everything in the USA.
Capitalism working wonderfully
As intended. Have to suck these people dry before they die. Would be a shame if they had inheritance money to give back to their family.
If only there were some system in the world that could prevent this type of monetary sadness.
For all the shit everybody gives Boomers, I'm pretty sure the majority of them are also poor and working class. There's just a lot more wealth at the top, or the "top" is bigger.
It's culture war to distract us from the class war.
My retired neighbor moved a few months ago crying about this.
Said their property tax is too expensive and they cant afford living in this area with their med expenses.
Let me guess, voted R since the 1980s
Even if they didn’t, they aided and abetted friends that did
this post was submitted on 28 Dec 2024
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