Moderators: richierich, ua900, PanAm_DC10, hOMSaR

 
airplay
Topic Author
Posts: 3369
Joined: Sat Oct 25, 2003 1:58 am

Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:31 am

Medical Expenses.

Lou Dobbs is reporting that about half of bankruptcies in America these days are due to medical problems that aren't covered by insurance. They said the majority of these bankruptcies are for middle class people.

This is on top of the approximately 5 million people who have been added to the uninsured talley in the last few years.

Disturbing.

 
PacificWestern
Posts: 517
Joined: Sun Aug 01, 2004 3:30 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:34 am

I think Airplay, that most people on this site would blame business bankruptcies on unions. It won't matter if any of the buinsesses had unionized employees or not. It's those damn unions!!!!  Big grin
 
L-188
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:38 am

What is so disturbing.

That we don't wish of a ineffective socalist system like you have in Canada, where they have to export pts. to the US to get Chemo? Like they are doing in Toronto/Rochester?
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
mdsh00
Posts: 4059
Joined: Mon May 17, 2004 11:28 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:38 am

Lou Dobbs is reporting that about half of bankruptcies in America these days are due to medical problems that aren't covered by insurance.

I personally can't stand Lou Dobbs. He ignorantly bashes outsourcing without having any clue of it's benefits. I don't take his word on anything.
 
SlamClick
Posts: 9576
Joined: Sun Nov 23, 2003 7:09 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:38 am

I assume that he was talking about personal and not corporate bankruptcies?

Happiness is not seeing another trite Ste. Maarten photo all week long.
 
L-188
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:40 am

That's the assumption I make.

I wonder if Lou knows how much canadian treatement is outsourced to the US?
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
JetService
Posts: 4611
Joined: Mon Feb 21, 2000 1:12 pm

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:44 am

Airplay, what about this disturbs you? That people whom can't afford an expensive medical procedure are still getting treatment? I think that's a good thing. It sucks to file bankrupcy, but at least a financial problem is better than a medical problem, eh?
"Shaddap you!"
 
ANCFlyer
Posts: 21391
Joined: Mon Nov 15, 2004 3:51 pm

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:47 am

Article in today's Anchorage Daily News citing similar issues. It's no wonder when you've got $5US aspirin in hospitals.

A two week stay in a hospital and subsequent recovery time can hurt a lot of folks. Especially the middle class. . .

Why? I can make the supposition that the lower end wage earner will have state/federal assistance in paying their medical bills. Upper class folk probably have health insurance, and even what's not paid by the insurer can easily be afforded by the person. The middle class worker, who doesn't necessarily live from check to check, but is heavily indebted maintaining that middle class, cannot afford to be absent from their job for very long. Further, even if insured, the co-payments can run in to the thousands.

It is very disturbing Airplay . . .


FOR THOSE THAT FOUGHT FOR IT, FREEDOM HAS A FLAVOR THE PROTECTED WILL NEVER KNOW OR UNDERSTAND
 
redngold
Posts: 6686
Joined: Wed Mar 22, 2000 12:26 pm

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:56 am

I know that's true. I've had to forebear my student loan payments numerous times on account of medical expenses.  Sad
Up, up and away!
 
PacificWestern
Posts: 517
Joined: Sun Aug 01, 2004 3:30 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:56 am

The health care system isn't ineffective...it's underfunded. There is a difference.

Then again, why is it so many Americans travel to Canada for drug prescriptions, or mail order them across the border?

Health Care in Canada is far from perfect and has become less so during the last decade, but at least what it offers is not predicated upon the size of a patient's wallet. No one should be bankrupted because of the misfortune of poor health.
 
airplay
Topic Author
Posts: 3369
Joined: Sat Oct 25, 2003 1:58 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 8:59 am

I couldn't find anything on CNN's site on this, but I found the story elsewhere:

http://www.startribune.com/stories/535/5217575.html
 
FDXmech
Posts: 3219
Joined: Sun Mar 19, 2000 9:48 pm

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 9:26 am

>>>I personally can't stand Lou Dobbs. He ignorantly bashes outsourcing without having any clue of it's benefits. I don't take his word on anything.<<<

On the other hand Lou Dobbs knows exactly whom outsourcing benefits, unfortunately it's not the US.

Lou Dobbs ignorant? Is a cop ignorant of the virtue of armed robbery when he tries to stop a thief?
You're only as good as your last departure.
 
mdsh00
Posts: 4059
Joined: Mon May 17, 2004 11:28 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 9:39 am

On the other hand Lou Dobbs knows exactly whom outsourcing benefits, unfortunately it's not the US.

I beg to differ with you on that one, even based on personal example, but I'll save it. I wonder if you watched the 20/20 episode of "Myths, Lies, and Strange Behaviors" last Friday which was a good eye opener on many things, including outsourcing.

as for health care...it is in need of reform.
 
ConcordeBoy
Posts: 16852
Joined: Thu Feb 01, 2001 8:04 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 9:43 am

I personally can't stand Lou Dobbs. He ignorantly bashes outsourcing without having any clue of it's benefits

Ditto Neil Cavuto.





Lou Dobbs ignorant?

Indeed.

That, and his annoying [though admittedly common] inability to pronounce anything that begins with a "W".
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
theCoz
Posts: 3933
Joined: Mon Aug 16, 2004 11:06 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 10:03 am


What is so disturbing.

That we don't wish of a ineffective socalist system like you have in Canada, where they have to export pts. to the US to get Chemo? Like they are doing in Toronto/Rochester?


Well, it's better that the wealthy can get the healthcare they want, while the poor cannot afford the healthcare they need, isn't it.  Yeah sure

If you agree with the way the current health care system is run now, you're a fool.
 
dl021
Posts: 10836
Joined: Fri May 21, 2004 12:04 pm

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 10:12 am

Half of all bankruptcies in the US are caused by the same thing that causes 50% of the rest of them.......credit companies giving credit to those who will not pay it, and lawyers advertising on television that they can get the credit collectors off the backs of the people who have spent more than they will make make it easy for people to avoid the responsibilities they have taken willingly.
Is my Pan Am ticket to the moon still good?
 
whitehatter
Posts: 5180
Joined: Sat Jun 12, 2004 6:52 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 4:12 pm

America needs to take a cold, hard look at some issues like drug costs.

The ripoffs are frightening.

I did some figures for some people in a group I post into on Usenet. A diabetes med costs between sixty cents and a dollar per tablet in some pharmacies. It's called Glucophage. That's per tablet.

Why then can I show them that the actual wholesaling cost in Europe is about 3 pence per tablet? Or about five US cents? And that some online retailers in Italy have been supplying them to US buyers at a retail cost of about ten cents? And have been slapped down hard by the FDA and Customs for it?

These tablets were manufactured to EU regulations, which are every bit as strict as FDA ones if not more so. Often they are the same branded pills that are available in the US. The branded drug is sold as a generic.

Something stinks. Americans are being overcharged for drugs, and refusing to allow imports from European and Israeli sources is adding to the problem. Prescription drugs in the US are being maintained at artificially high prices because competition is being locked out, and the same manufacturer who is retailing Glucophage for seventy cents in the USA is making a profit in Europe at five cents.
Lead me not into temptation, I can find my own way there...
 
L-188
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

RE: Half Of American Bankrupcies Due To....

Thu Feb 03, 2005 5:32 pm

The simple fact is that currently the US govermnet runs two national health care systems, The VA system and the BIA system.

Until the Government can run those systems as a model for the rest of the world, we shouldn't go national with them.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
air2gxs
Posts: 1443
Joined: Mon Jun 18, 2001 1:29 pm

RE: Half Of American Bankrupcies Due To....

Fri Feb 04, 2005 12:32 am

DL021 hit it on the nose, the reason half the bankruptcies (personal) in the US are due to medical problems is because many Americans don't know how to manage their money. Instead of putting away money each month to form a 6 month cushion, Americans are buying plasma TV's, PS2's, 2nd & 3rd cars, picture-taking, email sending, internet browsing cell-phones & a host of other products which our parent's would have called needless luxuries.

On a tangant. Is health care expensive? Yes it is. Why?, you ask. Insurance companies. That is where the health care crisis is in the US. I will give you an example and you tell me if it's a problem. One of my employees needed surgery (elective, sort of). Due to a computer problem he was dropped from our rolls as an insured employee. He asked if he could have the surgery, pay it out-of-pocket and get re-imbursed when the computer snafu was cleared up. With me so far?

Sure you can do that, he was told, but the hospital would charge him the uninsured rate and the insurance company would only re-imburse him the negotiated rate. The difference was about $12,000.

This is the problem.
 
dvk
Posts: 1017
Joined: Thu Jun 29, 2000 12:18 am

RE: Half Of American Bankrupcies Due To....

Fri Feb 04, 2005 12:46 am

The real and current crisis in this country IS health care, not Social Security, but you won't see that addressed by the W administration. Privatizing Social Security will benefit Wall Street, but reforming health care in a meaningful way (not the arcane BS that's been done with Medicare drug benefits so far) will not benefit Wall Street, or any other prominent Republicans. We can expect status quo on health care for the next four years.
I'm not dumb. I just have a command of thoroughly useless information.
 
NumberTwelve
Posts: 1393
Joined: Tue Dec 21, 2004 8:57 pm

RE: Half Of American Bankrupcies Due To....

Fri Feb 04, 2005 1:24 am

L-188: "What is so disturbing.
That we don't wish of a ineffective socalist system like you have in Canada..."

Sorry, Canada has a socialist system? Who told you? GWB, the man who said that most of the imports are coming from other countries?


Oh, TheCoz, you're a Communist, aren't you? Thinking social? Are you crazy? lol

signature censored by admin - so check my profile

Who is online

Users browsing this forum: Aesma, TangoandCash and 24 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos