04-02-2014, 07:32 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
Originally Posted by stickyfingerz
And since Obamacare isn't free..... and doesn't lower the cost for hardly anyone.. how would it of helped your pal exactly? The 5k deductibles would of helped? lol
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Well, say he qualified for subsidised insurance (he would), the insurance would pay for most of the expense. Hospitals bill you for the deductibles. A $5,000 debt is manageable in most cases. The hospital does not ask for the $5,000 (theoretical) deductible while you bleed out on a hospital gurney.
Maybe he could sell that POS Jeep for $2,500 and get 1/2 the deductible paid off :D
There are options.
One thing you can be sure of he's not going to pay that $240K bill. He hasn't the means to.
So, the taxpayer gets stuck reimbursing the hospital -- the hospital gets 1/2 the insurance contract rate: in the final analysis someone pays. The patient goes bankrupt to avoid the debt. It's a lose-lose-lose financially -- there are no winners only losers.
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