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
There’s a lesson there.
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@Strandjunker there are lots of lessons, but people who understand neither insurance nor bankruptcy are going to miss them.
Take, just to name one lesson, the role that medical related bankruptcy plays in increasing the costs of healthcare as the costs are shifted onto others.
That's certainly not insignificant!
