SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gg cox who wrote (1913)8/30/2007 12:53:39 PM
From: Lane3  Read Replies (1) of 42652
 
If he owned his home outright, and had let his health insurance lapse, it would probably cost a portion of his home if he did not have the cash to pay.

I don't think so. I have no expertise in this area, but usually when the needy in this country get assistance, they are not required to spend down to absolute poverty before they get help. Usually you get to keep your house and your car, they just expect you to spend down almost all your savings before bailing you out. So if your guy had savings, he would be expected to use them to pay his bills. If he had future earning power, he would be expected to pay off at least part of the bill over time. I really doubt they'd take his house.

If this is not the case then why buy health insurance?

That's an interesting question. A lot of people opt to not carry health insurance. Particularly young, healthy people. Insurance is "insurance," after all. No one is required to have insurance for any risk except the risk to others, like liability insurance if you drive a car. I've had periods in my life when I didn't have health insurance. Sometimes people sloppily use the terms "health insurance" and "health care" interchangeably. They're not the same thing. You can get health care without insurance. You can always get emergency care. What you don't get is an annual physical unless you have insurance or a check book or credit card.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News