[ReallyAnonymous]

General surgeon in the South here. What I've seen is that uninsured individuals will prolong going to the doctor for symptoms because of cost and that sometimes costs them their lives because of the advanced presentation of their disease. On the other hand, once you get diagnosed with cancer in South Carolina, you automatically qualify for Medicaid so that you receive some treatment.

This way, you die with treatment and our system does not seem cruel. Even advanced, expensive chemotherapy is paid for, sometimes exceeding hundreds of thousands of dollars.

The Affordable Care Act provides subsidies for health insurance based on income, not assets. If you're diagnosed with cancer and lose your job (because chemo is tough), and have assets, pay the Cobra until next sign up period. Sell all assets and invest to make about $20-$30k a year. Your premiums will be low and you'll have access to quality care. Move near large academic institutions because they do medicaid / bad insurance care. This way you minimally touch assets.

Rich people hate the Affordable Care Act because they don't get subsidies on premiums, which are about $3500 / month for a family now, and they have to pay 4.8% Medicare tax on all income over $250k . So, in essence, someone that makes $1m a year pays $78k/year in health care costs.

Lastly, I take care of a Pizza Hut delivery person who gets his insurance through the Affordable Care Act and only pays $40 / month for it, because of the subsidies.

[DoreenMichele]

Thank you.

Just for clarity's sake:

Medicare is a health insurance program for all citizens of U.S. whereas Medicaid is health coverage for low income group and people with disabilities.

Medicare is federal-supported program and Medicaid is a joint program by the state and the federal government. As such the eligibility and coverage for Medicaid vary from state to state.

https://www.differencebetween.com/difference-between-medicar...