this post was submitted on 30 Jan 2024
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Showerthoughts
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That's something people should consciously be aware of because with the system as fucked as it is now, we are all guaranteed to end up poor.
Assume you save up 5mil for retirement. You fall and break yr hip. Insurance covers 80%. How much of that 5mil you gonna have left?
Answer; by the time we get there inflation will have fucked all the value of the dollar. You'll be selling you house to pay that bill, after emptying your bank account, cuz Medicaid doesn't help until you've liquidated all your assets.
Lololol how many people with 5m to their name don't have healthcare? And how much do you think a hip replacement is? 5M in retirement is something like 14k per month before socal security. Nobody in that class is getting bankrupted by a 40k surgery.
Healthcare in the US is dumb as fuck but the misunderstanding and uneducated repeating is dumb shit like this hurts my brain. There were 600k medical bankruptcies last year. 0. 0017% of the population.
Your comment is mostly intellectually lazy made up dribble.
That's not how percentages work. Do you work for Verizon?
600k / 332M = 0.0018 = 0.18%
I typoed the math. You got me.
A fifth of a percent is huge!
I also don't think the average person willve saved up 5mil to retire on, in fact I don't think the average person will be able to retire, period.
The majority of bankruptcies are from medical expenses, from people WITH health insurance.
If you think that that's acceptable, then I question your morality.
The whole point wasn't in the actual numbers but feel free to use it to practice your algebra. Focusing on the numbers avoids the point completely, but I guess that is easier then root causes and structural problems to our capitalism/legal system.
And tell me where I said any of that is good? I said the comments made were made up, inaccurate, and didn't represent the reality at all. Go look for some other boogeyman.
I'm sorry I called you out for fake news.