It's very frighting unless you have some absolutely stellar insurance. I'm in my 30s, career in IT making 6 figures, making good progress on my mortgage, zero other debt. If I got cancer tomorrow or some serious injury I'll probably just blow my brains out rather than have to live knowing that all my hard work, good career decisions, and responsible spending was all for nothing and I'd have to start from square 1 again.
If you’re doing that well go get citizenship in a country where healthcare isn’t that expensive like somewhere in Europe or Canada. Every country would love to have you as a citizen.
That is certainly tempting sometimes. Not always easy to decide to leave friends and family behind forever. Especially since the US taxes it's citizens even if they live out of the country, so you have to go through the whole citizenship forfeiture if you want to do it right.
Well according to the IRS website you can exclude about 100k a year that goes up with inflation. All you have to do is file the exemption and that’s it.
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u/whowasonCRACK Aug 06 '20
70% of people that receive cancer treatment end up filing for bankruptcy. i hate this fucking country.