Hacker News new | ask | show | jobs
by Fantosism 1672 days ago
On average in the US, 1 in 2 bankruptcies are due to medical debt. I think it's disingenuous to include the "biggest costs of life" and omit what is arguably the largest for an american citizen.

3000 gross is more like 2-25 net depending on the state. I haven't been in many industries where an employer is going to be covering healthcare costs for an $18/hr employee. So for a family of 3, that's another $1,000 a month for insurance.
1 comments
nickff 1672 days ago
>" On average in the US, 1 in 2 bankruptcies are due to medical debt. I think it's disingenuous to include the "biggest costs of life" and omit what is arguably the largest for an american citizen."

If one's income is as low as the parent described, they would likely be eligible for Medicaid.

link
Fantosism 1672 days ago
Medicaid is for low-income earners.

The parent described the median-income earner.

In my state of Arizona, if you were grossing 36,000 a year with a family of 3 you would be about 20% over the threshold to qualify for medicaid.

link
WesleyJohnson 1672 days ago
That's just insane. The US healthcare system is absolute shit. Yes, I'm an American.
link