Re:Where our economy is, for the young
by mettamage on Friday October 02, 2020 @02:13PM
(#24665353)
This sounds really European to me. Is this also the ideal in the USA? I can't see how "a medical event bankrupt you" would ever be possible in the US.
[ Parent
| on HN ]
https://www.cnbc.com/2019/02/11/this-is-the-real-reason-most...
Two-thirds of people who file for bankruptcy cite medical issues as a key contributor to their financial downfall.
While the high cost of health care has historically been a trigger for bankruptcy filings, the research shows that the implementation of the Affordable Care Act has not improved things.
What most people do not realize, according to one researcher, is that their health insurance may not be enough to protect them.