Thread by @JenniAgitator

A new study from academic researchers found that 66.5% of all bankruptcies were tied to medical issues —either because of high costs for care or time out of work. An estimated 530,000 families turn to bankruptcy each year because of medical issues and bills, the research found.

•Two-thirds of people who file for bankruptcy cite medical issues as a key contributor to their financial downfall.
•While high cost of health care has historically been a trigger for bankruptcy filings, research shows the implementation of the ACA has not improved things.

Are you “under-insured?” If you’re disabled, there’s an 88% chance your family may be insured, but not enough to cover costs. What most people do not realize, according to one researcher, is that their health insurance may not be enough to protect them.

In the US, for-profit health insurance is our gateway to healthcare, a bureaucratic blood-sucking industry that consumes almost 1/3 of every dollar in premiums paid, to be a middle man that denies care and adds only more cost to already the most expensive healthcare in the world.

Most don’t realize they’re under-insured until they fall gravely ill or become disabled. That’s when one learns all too quickly what under-insured means. It’s like a dog chasing his tail trying to stay afloat under a sea of medical bills & denial of claim letters from insurance

Do you have health insurance now? If so, do you know if you are under-insured? 80 million Americans are, and those are those we know of. Add that to 45 mil more who remain uninsured. Our healthcare system is broken and the largest factor in that is for-profit insurance. #M4Anow

As Americans fork over more of our income to pay rising premiums & deductibles on health insurance, major insurance companies are raking in record profits.
As inflation & pandemic hardships weigh on the wallets of Americans, healthcare costs keep climbing cnbc.com/2019/02/11/thi…

In healthcare policy, 3 kinds of healthcare systems have been identified. “Pay as you go,” which is the American system. Every country who has a pay as you go model in the world does not have universal access to healthcare, millions of their citizens can’t afford to access care.

There is the “Beveridge model,” which is completely government run healthcare like the systems in Canada and the UK. While their systems are ranked higher than the United States, the highest ranked Beveridge system by WHO is the UK, ranked 18.

Then there is the Bismarck model, which are mostly single payer systems, universal access, but doctors and hospitals remain privately run. France and Germany practice this model, as do the other top 17 ranked healthcare systems in the world.

Republicans often accuse the left of abating a Beveridge-style system, when in fact, single payer, which just impacts who COVERS payment, are all Bismarck systems, so not “government-run.”

Questions to all who defend pay as you go, for-profit insurance systems is, what good does for-profit health insurance add to American healthcare system? Why is it needed? Why are you willing to spend 17% of US GDP to prop it up? What about being ripped off most appeals to you?

Did you know insurance companies illegally practice medicine by requiring prior-authorization for treatment your doctor has prescribed? Why does a non-doctor, who hasn’t examined you get to decide whether treatment/meds your doc prescribes will be paid for?tiktok.com/t/ZTRvp4B6N/