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re: Medical Debt Should Not Ever Be Used to Harm Credit Worthiness

Posted on 5/8/24 at 8:43 pm to
Posted by AUX3
Member since Dec 2010
3452 posts
Posted on 5/8/24 at 8:43 pm to
There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?

Govt is picking winners and losers with other peoples money. Such a noble cause. Good grief.
Posted by Flats
Member since Jul 2019
21972 posts
Posted on 5/8/24 at 8:51 pm to
quote:

There is no such thing as cancelling a debt.


Posted by Timeoday
Easter Island
Member since Aug 2020
9164 posts
Posted on 5/8/24 at 8:55 pm to
quote:

There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?

Govt is picking winners and losers with other peoples money. Such a noble cause. Good grief.


What I find interesting is you can not discharge gooooooooooberment debt.

quote:

“Doctors and nurses shouldn’t be paid for their labor”


“Doctors and nurses shouldn’t be paid for their excessive cost of labor”.

FIFY
This post was edited on 5/8/24 at 9:32 pm
Posted by jonnyanony
Member since Nov 2020
10161 posts
Posted on 5/9/24 at 7:24 am to
quote:

There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?


Ultimate the taxpayer.

Insurance and doctors sell the debt at a loss and it's deductible at the end of the year. This ultimately comes off tax obligations and is paid for by the money printing machine (created by selling bonds to foreign and national entities)

It's all fake money, backed by a ponzi scheme that will continue long after we're all dead. As long as that system is in place, i'm fine with people defaulting on medical debt. The people who will pay are our great great grandchildren (or theirs)

Medical debt rarely hurts credit scores because of HIPAA. It's hard for medical establishment and collection agencies to report, because any details about the nature of the debt could violate HIPAA (think: a bill from a cardiology group)
This post was edited on 5/9/24 at 7:25 am
Posted by FoTownBam
Foley Al
Member since Oct 2023
1525 posts
Posted on 5/9/24 at 7:44 am to
quote:

Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?

Hopefully it’s the insurance companies. We’d be better off as a country if insurance went away. Before insurance, a hospital trip was affordable. I do expect to be attacked for this stance, and I used to agree with those that may attack me
Posted by Back to Scat
Dry Prong
Member since Feb 2024
366 posts
Posted on 5/9/24 at 11:57 am to
There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?

You just wrote a long bumper sticker for UNIVERSAL HEALTHCARE...
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 5/30/24 at 1:17 pm to
quote:

There is no such thing as cancelling a debt. Someone is getting screwed.
Large corporations cancel debt all the time to reduce tax liabilities and improve balance sheets
This post was edited on 5/30/24 at 1:18 pm
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