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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBy country: Number of people who go bankrupt every year because of medical bills or illness-related work loss:
Number of people who go bankrupt every year because of medical bills or illness-related work loss:
— Andrea Junker (@strandjunker.com) 2025-04-10T15:48:24.911Z
Australia 0
Canada 0
Denmark 0
Finland 0
France 0
Germany 0
Iceland 0
Ireland 0
Italy 0
Japan 0
Netherlands 0
Norway 0
Portugal 0
Spain 0
Sweden 0
UK 0
United States 530,000
Thereâs a lesson there.
Number of people who go bankrupt every year because of medical bills or illness-related work loss:
Australia 0
Canada 0
Denmark 0
Finland 0
France 0
Germany 0
Iceland 0
Ireland 0
Italy 0
Japan 0
Netherlands 0
Norway 0
Portugal 0
Spain 0
Sweden 0
UK 0
United States 530,000
Theres a lesson there.
LoisB
(12,371 posts)Lawjo
(20 posts)It pisses me off to no end.
I played the game fair, worked all my life, paid into the system and got laid off after 27 years (only 5 years from retirement). Cobra is so expensive and I can't even handle the deductible.
We can't make it here. Currently doing research on moving abroad. Rent is much cheaper, health care is much cheaper (and on par w/ US) and best of all no LOON running the country
Lock him up - Market manipulation
Lock him up - violating countless laws and civil liberties [only a matter of time before they come for you]
Lock him up - destroying our economy, people's life savings, threating SS [LEts us eat cake, MF'er]
They are already snatching people off the street, shipping them off to an el salvador prison with ZERO due process LOCK HIM UP!!! it happened to them, it could happen to you
He is tampering with witnesses - i.e. sent armed marshals to a witness's house with a letter. WTF, in what world does this happen...
oh yeah, RUSSIA
AND who would have thought we make enemies of our allies and Friends cossy up to Russia and screw Ukraine.
When did we stop protecting democracy around the world and fighting communism .
BETTER DEAD THAN ORANGE
Quanto Magnus
(1,300 posts)patting themselves on the back for setting the high score!!!
progressoid
(52,589 posts)If anything, it is probably worse.
https://pmc.ncbi.nlm.nih.gov/articles/PMC6366487/
applegrove
(130,307 posts)leftstreet
(38,848 posts)Final rule will remove billions of dollars of medical bills from credit reports and end coercive debt collection practices that weaponize the credit reporting system
Jan 7 2025
WASHINGTON, D.C. Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The CFPBs action will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in their lending decisions. The rule will increase privacy protections and prevent debt collectors from using the credit reporting system to coerce people to pay bills they dont owe. The CFPB has found that medical debts provide little predictive value to lenders about borrowers ability to repay other debts, and consumers frequently report receiving inaccurate bills or being asked to pay bills that should have been covered by insurance or financial assistance programs.
People who get sick shouldnt have their financial future upended, said CFPB Director Rohit Chopra. The CFPBs final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe.
The CFPBs research
reveals that a medical bill on a persons credit report is a poor predictor of whether they will repay a loan, and contributes to thousands of denied applications on mortgages that consumers would be able to repay. The CFPB expects the rule will lead to the approval of approximately 22,000 additional, affordable mortgages every year and that Americans with medical debt on their credit reports could see their credit scores rise by an average of 20 points.
https://www.consumerfinance.gov/about-us/newsroom/cfpb-finalizes-rule-to-remove-medical-bills-from-credit-reports/
markodochartaigh
(5,037 posts)of Jan 2025 credit reports cannot include medical debt."
Thank you, President Biden!
patphil
(8,733 posts)She spent time in Germany, Japan, and in the UK.
She received treatment in each of those countries for various health issues, but never paid a dime for the health care she received.
In the US, people can have health insurance and still pay thousands, even 10's of thousands for treatment. They can have their insurance company deny payment because you didn't go to an approved doctor, or received treatment the insurance company didn't like.
Claims get denied all the time, and even when paid, it's often just a part of the whole bill.
Many tens of millions of US citizens say that we're a Christian nation, but we aren't even close to embracing the teachings of Jesus.
And now even the idea of empathy is being attacked.
https://medium.com/@thesharidunn/the-war-on-woke-is-a-war-on-empathy-and-its-working-b71e23ed80d5
Only those on the path of darkness reject empathy.
Empathy is love. Love is empathy.
Figarosmom
(9,755 posts)Have higher quality of life and live longer.
yliza
(199 posts)Not everything is covered by our universal healthcare. In particular, prescriptions, some treatments, and until recently dental care are not covered. Illness and injury can most definitely result in job loss, as well. That being said, yes we are much better off than the US.
applegrove
(130,307 posts)Last edited Thu Apr 10, 2025, 05:32 PM - Edit history (1)
& expensive things are not covered. This last thing can bankrupt families since we pay for our own pharmaceuticals in Canada.
Bumbles
(419 posts)flashman13
(2,031 posts)There are some variations depending on the country. But all of those countries think that health care is a human right in a civilized society.
And the wealthy are required to pay a fair share.
That is all.
groundloop
(13,568 posts)Although not nearly as many as in the US.
I'm not going to spend a ton of time fact checking this, but here's one link I found.
https://worldpopulationreview.com/country-rankings/medical-bankruptcies-by-country
I happen to feel that we need to be accurate when presenting information such as this.