I agree. Mid-range $700/mo insurance plans on health exchanges have deductibles approaching $12K, meanwhile 62% of families have less than $1K in savings.

This means that even after paying $8,400 per year in insurance premiums, a moderate illness automatically puts an average insured American family into a medical bankruptcy.

The honorable American corporate tradition to have company-wide fundraisers to support the families of (insured!) employees who have gotten sick is... terribly out of place in a 21st century / 1st world country.