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Originally Posted by MedMech
Being in the finance biz I see first hand how bad the health billing system really is. A large percentage of what whould be a normally well off people get hammerd due to an accident or illness that cripples the family. I do believe that a majority of bankruptcies and foreclosures are health related as well.
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You are absolutely right. Now take a look at the fellow in the article. If he has a decent job, he can't file for Chapter 7 bankruptcy to relieve him of the hospital debt. The new bankruptcy law generally prevents this.
So, the poor SOB is doubly screwed. Once due to a bill that is 3X what is "reasonable" and a second time because, eventually, he will be forced to pay it.
Unbelievable!!