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Old 02-27-2015, 11:29 AM
GenuineRisk's Avatar
GenuineRisk GenuineRisk is offline
Atlantic City Race Course
 
Join Date: May 2006
Posts: 4,986
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Quote:
Originally Posted by Danzig View Post
quite often medical is what puts people in the poor house.
Thisthisthis.

I shake my head when people grouse about the inheritance tax, which will not affect any but the very wealthy, completely ignoring the fact that the cost of health care in this country amounts to a 100 percent inheritance tax on the middle class, since the majority of people incur most of their health care costs in the last six months of life and it often eats up whatever they might have had left for their descendants.

My parents' health care costs are absolutely eating up everything my dad spent his life saving for retirement. A relative who just passed away was paying $700 a month for her health insurance premium. She was regularly down to $20 in her checking account a day or so before the next SS payment came in.
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