eli5 How people go into bankruptcy from medical debt with things like out of pocket maximums on health insurance. Is it just uninsured that this happens to?
In: Economics
The biggest reason is that insurance companies try to pay out as little as possible. They won’t necessarily cover every procedure by every doctor in every hospital. And even when they do cover it, that might make you jump through hoops with extra tests and second opinions that you don’t necessarily have time for.
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