Doesn't sound all that bad and there's no mention of personal bankruptcies due to medical bills. Here with "the finest health care system in the world", medical bills is the leading cause of chapter 7 filings for individuals. And most of those who were wiped out were actually covered by the best system in the world.
"Costly illnesses trigger about half of all personal bankruptcies, and most of those who go bankrupt because of medical problems have health insurance, according to findings from a Harvard University study to be released Wednesday.
Researchers from Harvard’s law and medical schools said the findings underscore the inadequacy of many private insurance plans that offer worst-case catastrophic coverage, but little financial security for less severe illnesses.
“Unless you’re Bill Gates, you’re just one serious illness away from bankruptcy,” said Dr. David Himmelstein, the study’s lead author and an associate professor of medicine. “Most of the medically bankrupt were average Americans who happened to get sick.”
There's zero evidence of the US health care system being the best in the world and yet leading politicians including republican candidates for president keep saying it. To the contrary......it may actually be one of the worst systems in the world, especially from a moral standpoint since a lot of people make obscene amounts of money off of it while citizens who get sick or have an accident are financially destroyed for life.
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