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URL:  https://boards.fool.com/naj-even-if-most-bankruptcies-were-a-result-of-34151961.aspx

Subject:  Re: macro - dem president Date:  3/7/2019  3:58 PM
Author:  DTBoojum Number:  3632 of 3721

Naj, even if most bankruptcies WERE a result of medical issues (which, as you point out, is not the case), it still doesn’t mean that this is because of inadequate health insurance. If you are bankrupt at 50 because your wife died of cancer, it may mean you had a precarious business that relied on her contributions (to the business or to the family).

And in the exceptional case where it was medical bills that tipped you over, it would be because health care is so obscenely expensive, and you accept to pay any amount for tiny gains from services that are not covered. This may be psychologically natural to do, in a culture where everyone else seems to do this and where you don’t want to set any limit on spending for your dear wife, but we shouldn’t blame health insurance for that.
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