Quote:
Originally Posted by Jim in CT
I personally know people who have had to sell their homes and rent crappy apartments because of medical bills. It should never, ever happen.
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Would it have been possible for those people (how many?--I don't know any--is this a rampant problem?)--would it have been possible for them to refinance their home for a loan to pay off their medical bills? And if, after paying the medical bills they couldn't afford to rent "nice" rather than "crappy" apartments, were they already in financial difficulty? If not, couldn't the money they paid for an apartment been used to pay notes on the refinanced house? Lots of questions to be answered here before government mandates that everyone else should pay for their medical bills.
Should old folks be able to keep or pass on all of their assets to family (homes, cars, bank accounts, etc.) and still have the "government" pay for their expensive care in nursing homes?
Should people who lose a job have the "government" subsidize their house notes so they can stay their rather than move to crappy apartments.
There are so many situations which affect millions of people from which they have to extricate themselves that could easily be "fixed" by the "government" paying for the fix.
Sorry Scott--posted this while you were posting yours.