The OP is a work of near fiction

Posted on: May 7, 2019 at 10:37:01 CT

https://thehill.com/blogs/congress-blog/economy-a-budget/263547-the-myth-of-medical-bankruptcy

It’s difficult to conclude that bankrupt folks are awash in healthcare debt when nearly 90 percent of their obligations are unrelated to health care … Will ObamaCare’s increased regulation of the healthcare marketplace help put an end to the phenomenon?
Data from countries with government-run healthcare systems suggest not.

Consider Canada. Our neighbor to the north features a government-run, single-payer healthcare system where private insurance is outlawed for procedures covered under the law. So you’d think that Canada would have a lower rate of bankruptcy than the United States, what with one big potential cause of bankruptcy — the cost of health care — absorbed by the government.

But according to researchers at the Fraser Institute, a nonpartisan Canadian think tank, bankruptcy rates are statistically the same on both sides of the 49th parallel. In both the United States and Canada, less than one-third of 1 percent of families file for bankruptcy each year.
Further, even with a socialized healthcare system, some Canadians go bankrupt because of medical expenses. Approximately 15 percent of bankrupt Canadian seniors — those 55 and older — cited medical reasons, including uninsured expenses, as the main culprit for their insolvency.