this post was submitted on 07 Jul 2025
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Insurance would most likely decrease the probability of going bankrupt?
Yeah, but also have you seen the bill reduction that comes when you don't have insurance. Suddenly it's only $7000 to fix your broken leg instead of $173000. It's like magic
Don't have incentive to check if this is an realistic example since I live in Europe but that sounds bad. In e.g. Sweden, health care costs caps at ~$100 a year. America is supposedly richer than Sweden, should be no problem fixing this in that case
as a fellow swede, i have learned that you simply have to accept that america is so terrible that it's not something we can really grasp, we've been told for so long that america is at least okay to live in and it's just not true at all and it's very difficult to break through that cognitive dissonance.