Today the House of Representatives is debating whether to take a giant step backward by repealing the Affordable Care Act. If we are not going to debate how to improve the health care bill, we should be working to strengthen our economy. A good place to help Americans out of a bad economy is to look at the number one cause of bankruptcies in the U.S.: medical bills. Specifically, over 62 percent of all bankruptcies are from medical bills. It is tempting to conclude from that statistic that most of those bills are due to the uninsured not being able to pay their bills. That would be wrong. In 78 percent of those medical bankruptcy cases, the victims had health insurance. That means that about half of all bankruptcies in the U.S. happen to people who have health insurance. This is what happens when insurance companies make money by not providing care. Their job is to make someone other than them pay the bills--even if it is you or me, and even if we already have insurance. They make us pay the bills by selling cheaper insurance policies that do not actually cover us when we get sick. We must eliminate the predatory for-profit health insurance industry by enacting H.R. 676, Medicare for All. No copayments, no deductibles, no premiums. For the same costs or less than we are paying now.
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