Corrupt Big Pharma Causes Two-Thirds Of All US Bankruptcies

Our health insurance system is theoretically supposed to prevent Americans from going bankrupt when they are hit by huge medical bills.

But in case after case, that is simply not happening.

Even though more Americans are “covered by health insurance” than ever before, a new study has found that “about 530,000 families each year are financially ruined by medical bills and sicknesses”, and most of those families actually had health insurance.

These days, most health insurance policies closely resemble Swiss cheese because they are so full of loopholes, and health insurance companies have become masters at finding ways to wiggle off the hook. So every year hundreds of thousands of American families find themselves facing huge medical bills that they did not expect to be paying, and as a result medical expenses are the primary factor in 66.5 percent of all personal bankruptcy filings in the United States…

For many Americans, putting one’s health first can mean putting one’s financial status at risk. A study of bankruptcy filings in the United States showed that 66.5% were due, at least in part, to medical expenses.

The study, led by Dr. David Himmelstein, Distinguished Professor at the City University of New York’s (CUNY) Hunter College and Lecturer at Harvard Medical School, indicates that about 530,000 families each year are financially ruined by medical bills and sicknesses. It’s the first research of its kind to link medical expenses and bankruptcy since the passage of the Affordable Care Act (ACA) in 2010.

But wasn’t Obamacare supposed to make things better?

Shut up, slide this thread and keep drinking that diet soda, goyim!

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zerohedge.com/news/2019-02-14/two-thirds-all-us-bankruptcies-are-primarily-caused-medical-bills-new-study-finds

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This is one reason people need to start taking care of their body, by eating a healthy diet and exercising. Stop consuming junk foods and sugary toxic beverages like soda.

Honestly this world is made up of wolves and sheep. Those sheep who refuse to wake up almost deserve being fed to the wolves at this point.

You will never take our slaves away

{raughs in NHS}
{dies of waiting list}
This is why health insurance is a scam and you need a nationalised healthcare system. Because then you don't go "Welp I've got a bit of a chest infection and I can't afford the $80m for 3 antibiotic tablets - might as well shoot up a school!"

just keep buying drugs goyim, even your academics say that consuming drugs is good for you, so don't think too hard about it and give us all your money so we can give you your beloved drugs.

OP is a commie

If the USA didn't give so much money to foreign nations, if the USA didn't go to war at the drop of a hat, and if the USA didn't waste untold billions of dollars on boondoggle projects like California's train to nowhere, we could easily afford a national health care plan for all CITIZENS.

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This is because it's legal for insurance companies to operate for profit and not as insurance companies. Insurance BY FUCKING DEFINITION is transferring loss. How to solve this is beyond me but it shouldn't be hard.

In other news, water is wet, Krillcen.