Why Are People with Health Insurance Going Bankrupt?

[hunter]

7. Our medical insurance premiums and co-pays are greater than our mortgage payment.

And there's always medical expenses on top that the insurance won't pay.

I've had $180 "co-pays" on meds that have a list price of less than $180 in Canada or Mexico.

Our credit is shot because even with medical insurance we've had medical bills we couldn't pay.

Neither my wife or I could get medical insurance on our own; our current insurance is through her work and it's both expensive and incomplete.

Fortunately she is satisfied with her work, but there are millions of people frozen into jobs they hate, or who are reluctant to start new businesses on their own because they fear losing their medical insurance.

My wife and I have run out COBRAs, and my wife's been on state programs for people who are uninsurable, so we know very well that losing medical insurance is a very reasonable thing to fear.

A national single payer medical plan would benefit everyone but the big money players and corporations that use medical benefits to hold onto people who might otherwise quit to start their own innovative businesses or find better work with smaller competitors. A national single payer medical plan might get this stagnant US economy moving again.