Yep, lots of Americans who were Covid 19 and didn't have healthcare insurance would likely be forced into bankruptcy. I imagine one day in an ICU for a Covid 19 patient in most private hospitals in the States exceed US$100,000.
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- Thread starter C.B. Brown
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Yep, lots of Americans who were Covid 19 and didn't have healthcare insurance would likely be forced into bankruptcy. I imagine one day in an ICU for a Covid 19 patient in most private hospitals in the States exceed US$100,000.
They are all closed. Old Montreal is a ghost town. St-Paul St is devoid of any cars. I went there some weeks ago. That place is always full of activity and the stores are always open even on statutory holidays. The lockdown will make them go bankrupt.
Most have State Medicaid step up in the absence of private insurance. This has been discussed elsewhere. So if it's ER or emergency treatment, Medicaid pays a small portion of the bill and the rest is adjusted or written off. Patient pays nothing. The only eligibility requirement is that you be a US Citizen. Resident aliens who are not legal do not qualify. Most other poor locals do qualify.
ShyMan if you have a JD you should know this........
The State of Connecticut does retain lien rights for Medicaid payments, so that if you bring a lawsuit for personal injuries and the medical treatment of those injuries was paid for by the State, they have a lien on your lawsuit proceeds of the amount paid or 50% of your net proceeds, whichever is less. I deal with these issues every day in my job............there are all kinds of State liens.
Ultimately, the people who will pay for this type of treatment are the taxpayers.........not the patients.
I completely agree with STN's post #2144. This is not sustainable in the long term not to mention the removal of liberty and freedom. However I like to add that once the economy is reopened borders must remain shut and in long term borders should not be as open as it was in the past. If we look at history almost all diseases were spread by international travel. Over a hundred years ago it was by ship but now it is by airplane. We cannot stay locked up in our homes afraid for life.
https://www.cnn.com/videos/politics/2020/04/19/piers-morgan-advice-for-trump-rs-full-stelter-vpx.cnn
Very interesting interview. Piers Morgan is right on target.
Very interesting interview. Piers Morgan is right on target.
I disagree. The states will end up picking up the bill, most likely via Medicaid. IMHO the majority of bankruptcies from the coronavirus will be from the small business owners and the non essential workers who have been without income through This whole thing.
Of course because this represent much more people. But at least they are alive. It's easier to re-start alive.
But I am curious about something if Medicaid will cover all uninsured why then Obamacare was needed?
Perhaps this article might help clarify a few things -> https://www.verywellhealth.com/whats-the-difference-between-medicaid-obamacare-1738843
on that note I’m utterly perplexed as to why Biden to date hasn’t had a single “socially distanced” press conference in the same fashion as Trump and Cuomo have been havin @ it? He’s prob scared people will criticize him for having a press briefing. Not much of a concept of a “Shadow Government” in USA. He better do something to get some music out there so far he’s been riding on luck and not much of a campaign
As part of the stimulus deal, small business owners got a loan from the federal government that converts to a grant (if conditions are obeyed) that will carry most small businesses through the end of June. After that if it is not back to business as usual, they/we are all in trouble.
Yes, but as with most government free money stimulus it goes to the wrong people and the people that should be receiving it get fucked.
https://www.google.com/url?sa=t&rct...s-brokerages&usg=AOvVaw1T4HuMy9LM_5eUe4izt2bG
https://www.google.com/url?sa=t&rct...s-brokerages&usg=AOvVaw1T4HuMy9LM_5eUe4izt2bG
Over 41,000 Now Dead in USA
https://www.cnn.com/interactive/2020/health/coronavirus-us-maps-and-cases/
https://www.cnn.com/interactive/2020/health/coronavirus-us-maps-and-cases/
EB. You are not entirely correct. I know people who are independent contractors who have no health insurance because they cannot afford to pay the premiums, even through Obama Care. I have a buddy who works multiple jobs as an independent contractor--and drives Uber now and then--who does not buy health insurance for him and his family because the premium is too expensive; he called around to find the lowest prices for pharmaceutical medicines his wife and children needed during last flu season and he paid out of pocket. He does not qualify for medicare because he makes "too much" money.
I don't know the statistics but I understand there are millions of Americans who have no health insurance for one reason or another.
The prior posts implied that the poor would be driven into bankruptcy. The poor have Medicare. Independent Contractors have the option of Obamacare. It's true that it is not cheap. But many have it and the poorer ones who qualify, have Medicare.
For the time being, yes! But Europeans are testing & social distancing so they'll get out of this thing before the US will. Trump is now encouraging some states to re-open now & you already have anti-distancing/closings demonstrations going on in some states. Demonstrators are backed by far right-wing money and i have a feeling that they'll eventually get their way, especially with Trump backing them. Some Florida beaches were re-opened yesterday. And testing in the United States still sucks & until testing there is greatly expanded it'll continue to be a catastrophe & the body count will continue piling up!
Right now i can't even cross into Quebec! You think i'd want Americans to cross into Canada right now?? So until they stop fucking things up & dramatically reduce the number of infections there's no way i'd re-open the border!
And none of these businesses are getting a penny on the small business loan program. It's for small businesses.
https://www.cnbc.com/2020/04/19/mnu...-on-second-round-of-small-business-loans.html
The real problem is that the government is just printing and giving away money and the resulting debt is not sustainable. This has already been discussed ad nauseam.
Sure, it not enough for them. Big company Will get more money.
They don't need loan program. If They want money or something else they call directly the Prime minister.
Apparently, and this morning is the first time I read about, it's true that some businesses have claimed loan monies that they are not entitled to, including Shake Shack, which is giving the money back:
https://www.cnn.com/2020/04/20/business/shake-shack-ppp-loan-sba/index.html
The way the program works is that you are supposed to apply through banks. It is not clear to me why Shake Shack or these other companies are filing loan applications or why the banks would be processing them in the first place.
https://www.cnn.com/2020/04/20/business/shake-shack-ppp-loan-sba/index.html
The way the program works is that you are supposed to apply through banks. It is not clear to me why Shake Shack or these other companies are filing loan applications or why the banks would be processing them in the first place.
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