Americans have made health care a central concern of the upcoming elections with excellent reasons. Their nightmares about this issue are getting worse, not better:
- Medical debt, one of the disgraces of the world’s most expensive health care in the planet’s wealthiest nations, has spiked during the Covid-19 pandemic. A consumer finance firm recently found that its 22 million members carry $45 billion in bills owed to providers and in collections. With the coronavirus also staggering the economy, bankrupting medical debt is only likely to skyrocket as the nation’s 30 million jobless exhaust their finances and lose health insurance from their work.
- Health insurance offers one of the few widely available means for ordinary folks to try to protect themselves and their loved ones from seeing their finances destroyed by illness or injury. But new U.S. Census data, describing a time before the pandemic, shows that “the first three years of President Trump’s tenure were a period of contracting health insurance coverage,” the Washington Post reported. “The decreases reversed gains that began near the end of the Great Recession and accelerated during early years of expanded access to health plans and Medicaid through the Affordable Care Act — the sprawling law that was a signature domestic achievement of President Barack Obama and has been derided by Republicans, including Trump, ever since.” Just under 30 million Americans were uninsured — 1 in 10 of us, with the numbers rising by several million over the last several years of the Trump term.