Quote:
Originally Posted by detbuch
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.
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"And if, after paying the medical bills they couldn't afford to rent "nice" rather than "crappy" apartments, were they already in financial difficulty?"
No. The family I know, had medical bills that ran in the hundreds of thousands of dollars. Not mane people can write a check for that amount and not see a big downward shift in their standard of living, and it doesn't necessarily mean that they were in "financial difficulty" to begin with. They weren't uber-rich, but they were not in financial difficulty by my standards.
I'm not naïve enough to believe that the feds could pull it off without waste and abuse. Nor am I so cynical and callous that I'm willing to say "tough cookies" to people who are so afflicted.