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Planetary Rescue Operations [Filtered & blocked by Google!]

God Bless America!

Posted by msrb on June 4, 2009

Submitted by a reader

Just one serious illness away from bankruptcy

The banks don’t take every everything; it’s the pharmaceuticals, “health providers,” and doctors that shake our pockets empty!

This is 21st Century America, where you can have your money OR your “health.” Medical bills are responsible for 62 percent of U.S. personal bankruptcies, U.S. researchers said today. That is an increase of about 50 percent in just over 5 years.

“More than 75 percent of these bankrupt families had health insurance but still were overwhelmed by their medical debts, the team at Harvard Law School, Harvard Medical School and Ohio University reported in the American Journal of Medicine.” Reuters said.

“Using a conservative definition, 62.1 percent of all bankruptcies in 2007 were medical; 92 percent of these medical debtors had medical debts over $5,000, or 10 percent of pretax family income,” the researchers wrote.

“Most medical debtors were well-educated, owned homes and had middle-class occupations.”

The share of bankruptcies caused by medical bills rose by 50 percent between 2001 and 2007, researchers said.

“Unless you’re Warren Buffett, your family is just one serious illness away from bankruptcy,” Harvard’s Dr. David Himmelstein, an advocate for a single-payer health insurance program for the United States, said.

“For middle-class Americans, health insurance offers little protection,” he added.

“Nationally, a quarter of firms cancel coverage immediately when an employee suffers a disabling illness; another quarter do so within a year,” the report said.

Some 2,134 families, who filed for bankruptcy, were surveyed between January and April in 2007, well before the latest recession began.

“While only 29 percent directly blamed medical bills for their bankruptcy, 62 percent had medical bills that totaled more than 10 percent of family income, said an illness was responsible, had lost income due to illness or some other medical factor.” Reuters said.

“Among common diagnoses, nonstroke neurologic illnesses such as multiple sclerosis were associated with the highest out-of-pocket expenditures (mean $34,167), followed by diabetes ($26,971), injuries ($25,096), stroke ($23,380), mental illnesses ($23,178), and heart disease ($21,955),” the researchers reported.

Soon, only bankers, doctors and lawyers could afford to live and have a family!

http://www.reuters.com/article/topNews/idUSTRE5530Y020090604

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4 Responses to “God Bless America!”

  1. Jim said

    Kindly read the following TIME magazine article, “Can Health Co-Ops Do the Job of a Public Plan?” which can be found at: http://news.yahoo.com/s/time/20090623/hl_time/08599190610500

    Be sure to also click on the ABC News 20/20 video entitled “Canadian Health Care: A Viable Model?”

  2. msrb said

    Colleagues at FEWW replied to you on this one:
    [quote]
    Per capita health expenditure
    US: $6,714
    OECD average: 2,824
    UK: $2,760
    Japan $2,474

    The life expectancy at birth both in Japan and the UK is higher than the US.
    http://www.oecd.org/dataoecd/46/2/38980580.pdf
    [unquote]

    The facts are:
    1.”[We] live shorter lives than citizens of almost every other developed nation, according to a report from several US charities.”

    2. “The US ranked 42nd in the world for life expectancy despite spending more on health care per person than any other country.”

    [Translation: We pay for the same/similar medication/ “service” more than twice as much.]

    More interesting stats from http://news.bbc.co.uk/2/hi/americas/7511426.stm
    [quote]
    * Of the world’s richest nations, the US has the most children (15%) living in poverty

    * Of the OECD nations, the US has the most people in prison – as a percentage and in absolute numbers

    * 25% of 15-year-old students performed at or below the lowest level in an international maths test – worse than Canada, France, Germany and Japan

    * If the US infant mortality rate were equal to first-ranked Sweden, more than 20,000 babies would survive beyond their first year of life
    [unquote]
    Conclusion:
    “WE the people” don’t spend money on health; we pay ransom to the pharmaceuticals and “health providers” to provide an expensive illusion of well-being!

  3. Jim said

    Msrb sez: “Colleagues at FEWW replied to you on this one”

    “…The numbers are bogus…

    Start with the math. We have 300 million Americans. Subtract the 45 million — 15 percent of us — with no health insurance. That leaves 255 million Americans, or 85 percent, with it.

    And the insurance is lousy, right? Not according to a 2006 ABC News/Kaiser Family Foundation/USA Today survey. It found that 89 percent of Americans were satisfied with the quality of their own health care…”

    Ask the Canadians!

    http://www.caglepost.com/column/Larry+Elder/269528/45+Million+Americans+–+Who+Are+Those+Guys.html

  4. terres said

    You are hiding behind someone else’s disinformation.

    If you are saying that the following numbers that are provided by OECD are “bogus,” then you should back it with proper references.

    “[quote]
    Per capita health expenditure
    US: $6,714
    OECD average: 2,824
    UK: $2,760
    Japan $2,474
    The life expectancy at birth both in Japan and the UK is higher than the US.
    http://www.oecd.org/dataoecd/46/2/38980580.pdf
    [unquote]”

    You said: “Ask the Canadians!”

    I notice that even your one-liners are unoriginal, by the way. That’s what Bush senior said!

    Michael Moore did! He asked not only the Canadians, but the British and the French. He even took US patients to Cuba for treatment by Cuban doctors.

    See “SICKO.” part one is available at the following URL:
    http://www.caglepost.com/column/Larry+Elder/269528/45+Million+Americans+–+Who+Are+Those+Guys.html

    Some of our readers often wonder which of the following industries is the most evil one of them all:
    The arms industry? Banking? Pharmaceuticals [and “healthcare”] …?

    The answer, of course, is they complement each other.

    It sounds as if you have buried your head in the sand unperturbed by the massive pharmaceutical fraud and conspiracy in this country that denies the US citizens the same democratic rights to healthcare as the French, Cubans, Canadians, Brits … enjoy.

    Again, see ‘SICKO’ for an update!

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