Ehwmatt wrote:Lula wrote:Ehwmatt wrote:Lula wrote:Monker wrote:
I submit to you that THIS is investing in America, the American economy, and the American people. I find it repulsive, unAmerican, and unPatriotic that people would say this nation can not afford to invest in its own people. That is so backwards and seems so retarded that we are willing to build nations in the middle-east but are unwilling to build our own. How pathetic the conservative movement has become when it thinks this way, that other countries come before our own.
YES!!!
i agree with this whole heartedly. how can we not afford this reform? to ignore the issues is too costly. most of us probably have health insurance and have been fortunate enough to not be faced with the tough decisions of food or medicine, or the heart breaking reality that losing your home and going bankrupt is the only option to try and get above medical bills- most often with insurance. seriously, how can we not do something for our own fellow americans?
A lot of people are confused about this, so a point of clarification is in order:
Medical debt is UNSECURED. No personal assets are used as collateral on the debt. The only way to transfer it into a secured debt is to say, take a second mortgage out on your home to try and help cover the medical bill itself. No one simply loses his home by falling into medical debt in and of itself. Wage garnishments, lawsuits, and credit score damage can follow on unsecured debt, but seizure of assets, as in the case of a foreclosed home, does not follow from mere medical debt.
I realize people probably do these things (eg pledging collateral for a medical debt) when their backs are up against the wall, but you need some truth here. No hospital or insurance company can simply waltz in and foreclose on your home just because you had a heart surgery you couldn't pay for up front.
oh, silly me! here i thought the good doctor could waltz in and take my home!
there is no denying folks have lost it all because of a catastrophic illness and that is having health insurance. having your credit rating drop because of medical bills is the beginning of the end for some.
There you go again getting defensive. I wasn't even aiming it directly at you. I just think a lot of people think that a medical debt is the same as defaulting on a mortgage or being delinquent on taxes, where it's wham-bam-thank you ma'am, you lose your house, car, and everything else just by virtue of having done so. Not true.
Ive seen people getting turned down on car loans , because of unpaid medical bills,,, its a lot more common than you think..
One of our customers who had a credit score of 798 (4 years ago),,,, 3 years ago, he was switching jobs, in a gap period of 60 days , he had no insurance , and he happened to have a heart attack and tripple bypass,,,, long story short, he lost his house and his credit went down to 540 due to the bankruptcy and repo.,,,,, now prior to this, the guys was never late on a single bill and worked his ass off for 22 years and sent 2 kids to college,,, now he is renting a small apartment and driving a piece of shit car,,,,
Thats just a one in million example how one's life can get totally turned upside down due to the broken system we currently have.....