The financial burden is not just for those without insurance or the “poor”.
My wife was given a 30% chance in an ICU room earlier this year. Since then we have been through a month in hospital, multiple surgeries, and many doctors appointments. The total cost to date has been over $250,000. Even with insurance we have still paid $10,000 and covered another $10,000 while waiting for reimbursement. The new insurance calendar year starts on January 1st – so we will be paying another $10,000 for a surgery planned in early 2012.
Our household income is $30-40k above the US median and we have savings, but it’s amazing how quickly your savings start shrinking when your partner is unable to work and you need to take months of unpaid leave to attend appointments and sit in surgery waiting rooms.
Any politician that talks about fostering innovation and entrepreneurship but continues to support the status quo is a fraud. Surely removing the financial and administrative burden of healthcare for business is better than any tax cut congress could come up with?
> Our household income is $30-40k above the US median and we have savings, but it’s amazing how quickly your savings start shrinking when your partner is unable to work and you need to take months of unpaid leave to attend appointments and sit in surgery waiting rooms.
Bingo. Heath insurance doesn't address those costs.
> Surely removing the financial and administrative burden of healthcare for business is better than any tax cut congress could come up with?
And you think that Congress knows how to do this?
Medicare fraud is probably close to $100B/year. How are you going to do better AND reduce costs?
My wife was given a 30% chance in an ICU room earlier this year. Since then we have been through a month in hospital, multiple surgeries, and many doctors appointments. The total cost to date has been over $250,000. Even with insurance we have still paid $10,000 and covered another $10,000 while waiting for reimbursement. The new insurance calendar year starts on January 1st – so we will be paying another $10,000 for a surgery planned in early 2012.
Our household income is $30-40k above the US median and we have savings, but it’s amazing how quickly your savings start shrinking when your partner is unable to work and you need to take months of unpaid leave to attend appointments and sit in surgery waiting rooms.
Any politician that talks about fostering innovation and entrepreneurship but continues to support the status quo is a fraud. Surely removing the financial and administrative burden of healthcare for business is better than any tax cut congress could come up with?