A Comment About

The Free Market Is Not Another Form of Rationing

September 1, 2009 - 12:00 am - by Paul Hsieh
jharp
2009-09-01 08:31:42

tim maguire:

“But the procedure comes first and the paying comes afterwards, so you don’t wait while you count your pennies and run bake sales. And if you default, there’s not much the hospital can do about it.”

Are you really this naive? Or are you liar?

Enter Lawrence Yurdin, a 64-year-old computer security specialist. Although the brochure on his Aetna policy seemed to indicate it covered up to $150,000 a year in hospital care, the fine print excluded nearly all of the treatment he received at an Austin, Tex., hospital.

He and his wife, Claire, filed for bankruptcy last December, as his unpaid medical bills approached $200,000.

http://www.nytimes.com/2009/07/01/business/01meddebt.html?_r=1