Daru Hashida don't feel bad. I have $12,000 in my bank and believe me. It's still considered trash

@@miguelrobb5719 ok

Dony Prasetiyo learn martial arts? Thats the last thing people without health insurance should be doing

@@avocademy hes right that money will be worth hardly anything because the US is printing money out like crazy and causing inflation.

I know this comment is old but if you have a smart phone, you can easily make money online with selling platforms like Ebay, Poshmark, Mercari, AmazonFBA & many more.

or that knife juggling vid?

@@WorldWideWong Personally, I consider their health to be more important than that.

Maybe we can add it as a perk to our upcoming Patreon membership.... 🤣

@@TwoCentsPBS ok gonna hold ya to it then lol

So, how do we bring back Obamacare, or at least imitate it? Lobbying? No, the Republicans will reject everything now they’re in control of everything. Lying? Who would do that? Then how? Reply.

They would typically get a hybrid insurance. a mix of the two at a reduced rate. Although most come into our offices asking for just some extra oil!

😂😂 good one

Duchi next video topic please

Asking the real questions here

depends on whom they prefer to work with: surgeon or car mechanic

Yep. I'm 58 working 3 jobs that are min wage. Just trying to survive like everyone else. Because of a back injury, I can not work FT. I have stress induced depression and have tried to end my life on several occasions. You can't BE seen anywhere unless you HAVE insurance. and I keep getting denied SSDI that I'm supposed to be ON. I'm 40% disabled and STILL have to work and I'm in pain all the time. I WILL file for SSI at 62...that's 4 years. I pray I don't get hurt in the meantime. I HATE these fear based sales ads. Even when I had insurance, it didn't cover shite.

It is

You should cover it! More videos like this really helps people like me who aren't "fluent" in things related to money.

Narata I will consider covering it in the future 👍

They also conspire with the hospitals to make uninsured costs astronomically high, that way people are forced to buy health insurance.

Yeah if insurance companies paid fairly in every case then paying for it wouldn’t be an issue

Brenda Prai economical arbitrage works for a lot of other things too. Living with a different currency than you earn is incredible

There is not enough doctors and medical equipment neccesary for everyone to have equal access to health care in the US especially with our current high standards for quality of care and the outrageous number of lawsuits against any sort of mistake on the doctors part our population is higher than most other single payer countries.

Im Swedish, where we have UHC, but we pay insanse taxes and our helth-care system is dependent on the goverment, so in a financial crisis the quality goes down.

Electro Squid compare that to here where people actively put their lives at even more risk because healthcare costs are so astronomical or who travel overseas (or to Canada) to get lifesaving procedures done. Ever heard of the stories of people who, despite being in desperate need of one, skip ambulances because it costs soo much. Or people especially the elderly, who have to keep working because they’ve been bankrupted by a major health issue. There’s literally no reason healthcare should be at such a huge and inflated markup in this country and there needs to be regulation to at least make it affordable to all, if not free.

@@leilanidru7506 Regulation has made healthcare expensive. When eye-laser clinics where de-regulated the price of treatment dropped from 4k to 1k.

Universal Healthcare will raise costs. The problem is that Providers can charge whatever they want to. Not the insurance companies

@@stevechrollo8074 yep exactly

Medicare and Medicaid is already bleeding money from the Government to the point that they allowed Private Insurance companies get to manage Medicare Advantage

From one extreme to the next? Unfortunately, universal healthcare is not the solution. Would just give less quality health care to everyone. But yeah, the current system we have is hilarious

@@stevechrollo8074 end intellectual property democratize healthcare so private companies can’t profit off of it.

Felix B I disagree. US government spends the most on health care amongst any nations in the world. The US spend 2-3 times more than the nation with second highest health care spend. People who are below lower income can apply for government subsidized insurance. The problem with the healthcare is the cost of healthcare. .

lemontea000 isn’t that literally what op just said? That the cost is the problem? Yea they spend the most but it’s still the shittiest system among developed countries. It says a lot more that they spend sooo much yet people are still soo close to being bankrupt due to a major health issue.

Leilani Dru Being a first world country is far more than just the healthcare in itself. Pretty much every western countries describe themselves as first world country. Spain has an unemployment of 20% and of those 38% are young adult. America is sitting around 3.5%. Americans have huge spending power compared to any nations around the world. Etc.. I can go on. While the American healthcare system isn’t perfect, I’d argue it isn’t the worst either. Which definitely isn’t a justification that America is not a first world country even if it’s an opinion.

lemontea000 I was being hyperbolic in saying “shittiest” it’s still extremely shitty compared to MOST developed countries. And ok, if “developed” isn’t a good enough words. I’ll use “comparable” countries. Which should’ve seemed obvious from context but ok. Let’s irrelevantly prop up Spains unemployment rate as a response to the disastrous dumpster fire that is the American healthcare system. Compared to “comparable” countries (Canada, the United Kingdom, auastralia, France, Sweden, Germany, Austria, Belgium, Netherlands, Norway, Japan etc) the Us healthcare system often comes in last in just about everything that matters. And the response to that shouldn’t be, “well look at Mexico, technically they’re a developed country and their annual GDP is nothing compared to ours; we’re so great.” “And have you seen our military budget, bugger than any country in the entire world” idk why u felt the need to get into cherrypicked statistics about certain nations to get into a global dick swinging contest because it wasn’t my point. Neither was my point that America isn’t a first world country because of its healthcare🙄🤦🏾‍♀️ I’m sure the US is an adorable little superpower but I was just trying to make a point about the healthcare system compared to “comparable” countries around the world.

@@leilanidru7506 do we have issues? something that you've said, I agree on. I was commenting on OP. Whilst America doesn't have the best Healthcare system I wouldn't say they're the worst either. My point was to argue that just because a country has flawed system doesn't necessary jumps to a polorizing conclusion. Countries have different perspective on certain things. As an American I can definitely tell you that the Healthcare is not perfect BUT there's more work to be done. How do you compare to other "comparable" countries when Population is much bigger. Consistentency is more difficult to attain in broader sense. Private insurance has dug deep. People who are uninsured is around 10-12% including half of the % who would've dropped out of health insurance anyway. Now does that justify as saying it's not a first world country? In my opinion, no. Cause if it was, it's a darn richest country in the world with one of the best liberal democracy government with large middle class families amongst any nations out there, but apparently its not a first world(?)

Its done that way on purpose. If costs were available upfront, people could budget for it, see if health insurance vs. saving their own money for medical care makes sense. That's not good for health insurance providers. They want everyone to be confused and forced to sign up for their plans no matter what.

They have a billing’s department, you can call them for those costs

if that is in reference to "free" medical healthcare which A. isn't free anyway and B. costs you more through tax then there really isn't any difference.

SuperStandard Check the numbers, the US pay more per person than any other country and still is too expensive for regular people

Sofia E. The United States also has one of the lowest tax rates compared to the other industrialized nations with Universal healthcare. You’re still paying for health insurance through taxes

The BioAstronaut you can look at the numbers all you want, but in Developed European countries, lower and middle income families and individuals never have to worry about medical costs or skipping treatment and medication and thats worth more than money

Andrew Rocha Perhaps but that comes at the cost of a reduced paycheck. It essentially takes away individual decision making for at best mediocre healthcare.

Sounds like a Casino you are describing.

@@ToddTinley Well insurance basically is a casino. Insurance is all about risk management

I've heard insurance described as "a bad bet most of the time."

Thanks Ruby! Especially younger folks, it feels totally unnecessary. We just wanted to cover all the angles.

@@TwoCentsPBS your calculation at 2:28 does not account for the inflation.

Fascinating! Thanks for taking the time to explain!

Also, if a hospital charges too much or refuses to tell you their prices, go to a different hospital.

Aight

What do you mean by that ?

Laughs in America (Canada's slow and weaker service compared to the US)

Laughs in America (your paying for your healrhcare via taxes idiot)

@@wolfpackflt670 it’s still less expensive. Health insurance is incredibly high in the us. I personally know someone who died because he refused to go to the emergency room when he was not feeling well. (Too expensive) That’s sad

Even if they were serious I can't imagine it's that concerning to use the word.

@@oatscurry it is if you work in the biotech industry, work in research, care about science, care about marketing scams, and/or care about people being lied to over their health and getting false hope.

That’s funny because I went to cosmetology school and it said the say thing in our science chapters. I told someone it was just a marketing term, but they didn’t listen to me. It’s because of the fact that it was from a cosmetology book.

Thank you! That bothered me too

How can you tell an environmentalist from a scientist? They seem to be very similar on the surface, but you can instantly ferret them out by asking for their stance on "organic" foods and nuclear energy

Sara Graves Laughs in every developed country (except for the US), hahaha

@@farhananwar3186Anwar and many developing countries too.

Laughs in Canadian

Lucky bastards

You're very fortunate.

Haha, mission .... accomplished?

One of my bosses said the same thing we all do, "health insurance is too expensive (I haven't been sick in years)", and chose not to get coverage. Woke a morning earlier this year, not feeling too well. Carried on until she wound up at doctor's office as a "walk-in"--paid out of pocket. Wound up in the ER 2 days later. Kept one day for evaluation, properly diagnosed, got meds....and got the medical invoice a month later--$4k!!! She's rethinking insurance since that day, but has to wait until enrollment dates. I'm sure we all have stories, but any level of insurance is better than none. The lowest/"affordable" plan our job offers starts at $145/wk for individuals--$225/wk for family. Again, THE LOWEST, so does NOT include cost of medication, which really hits lots of people hard.

Benny, I HAVE insurance. Inescapable Fact: "we're ALL going to die". 😁 Many of my coworkers throughout the years have opted out of acquiring coverage (especially) thru the employer's partners--the prices are simply ridiculous. I went external and continue to for years now. But during the annual enrollment period, you can't help but to look at the numbers the employers offer....and frown. I try to encourage everyone in my circles to at least investigate options and get coverage. This practice was enforced after doctor's discovered a tumor 3 years ago. You just never know.

Same!

About the dental,medications,therapy part is that why canada still has medical insurance companys? Every year my school sends us a letter telling us to get health insurance for $15-$34/year but in my opinion I would just get it if I ever go on vacation.

@Luís Filipe Andrade you would be paying similar taxes as you would in the U.S.A

@Luís Filipe Andrade www.google.com/amp/s/www.cnbc.com/amp/2017/08/07/canadians-may-pay-more-taxes-than-americans-but-theres-a-catch.html. as you can see from this article canadians pay slightly more in taxes but I didn't say the pay the same or less I said a similar amount and a example of how similar they are is this " in terms of total tax revenue as a percentage of GDP, in 2010, the U.S. collected a slightly lower than average amount of taxes from its citizens ($11,365 USD per capita). Canada collected a slightly higher than average amount ($14,693 USD)".

@Luís Filipe Andrade well your not wrong about our healthcare system being underfunded but also that 3.3k increase is a 10% increase versus what americans pay and yes that's not our only taxes we have housing taxes to fund our schools and we still pay for most prescription medications.

Actually Canada doesn't sound too bad.

The ultra rich that own the insurance companies, of course want you to believe that. But did you know, they actually did a study and people that don’t have health insurance actually pay LESS for an injury than people WITH it, do? 😮

The reason for this is because you still have to pay a large deductible, and oftentimes the health insurance only pays a fraction. Also, your chances of being in a serious accident are extremely small.

keep in mind that you can write off your health insurance. plus you can use an HSA and fill it up before an IRA and it can act like a retirement account if you dont use it and it costs no money to withdraw for medical expenses. If you have employer matching on ur 401(k) then you should use that first if possible

@@avighnavohra6889 If you are not getting insurance from your employer you cannot take premiums off your taxes. My job does not provide health insurance and I can't take premiums off my taxes.

When you find a politician on the national level who cares about the working class/little guy you be sure and let the rest of us know. Fyi that means when the cameras are off.

"Creative"

Are you saying we should not vote for an orange corrupt billionaire narcissist with obvious lack of morality? 'MURICA.

Agreed!

It’s worth it if they do pay. We spend our time, money, and effort with these insurance companies and it takes a long time to get results from them when they should be doing their job that they are being paid for

You're better off suing the insurance companies first because they will only actually pay up after they've gone to court

Braden Skidmore is there really nothing we as a country can do about healthcare? Really? idk man elections are coming up. And like gun control there’s always something we can do about it. People just choose to throw their hands up and act like all the bad stuff happening is par for the course or collateral damage. The entire American healthcare institution needs extreme and major reform. I’m not sure what it’s gonna look like myself but saying there’s nothing we can do about it isn’t true at all. Not because we have oh so much power as a people to change legislation and how this country is run, coz we all know, corruption, lobbyists and big corporations run politics atm but because it’s only this way because we made it this way. Horrible healthcare policies isn’t a fact of life that we can do nothing about. Like pills for example. Actually cost very cheap but sold at an eyewatering cost. Is there reeeeaaallly nothing we can do to fix this shitty system? Or do we just not want to do it?

You promote insurance bc you live off your customers premiums. Charging more than you should so you can go to Japan. All insurance is theft. Hospitals should create payment plans.

I mean, the insurance industry could stop working with doctors to artificially raise prices. That's a start.

I'm so curious now! Since you work in the industry...what is one thing you wish everyone knew about insurance?

@@TwoCentsPBS Pretty much what you covered in this video. People think of insurance like a service that they need to get something out of because they want to feel like the money they're spending is going to give them something in return. That's not the reason why we get it, it's a safety net for when you need help, but I understand why people feel the way they do. I completely agree that it is too expensive and some serious changes need to happen to make it more affordable. I don't have all the answers or pretend to know what is best to do about such a complex issue in our county. In my job I just try to help people understand what is the best option for them and their family with the system that we have.

Bogdan Nitu um taxes are high here too in the US. Trump just changed a law where taxes are higher but not all of it will come out of our checks that way 47% of Americans owe at the end of the year. People who have never owed owe now. So you have to claim zero and not married even if you are and have extra money taken out for state and federal every check so hopefully you won’t owe.

I heard the waiting lines were long though? Is this a true statement?

@@sadtoy1193 Yes and no. If you have a non-serious injury or illness you might have to wait a long time to meet a doctor on the public side... but you can have private insurance or just go see a private doctor and pay yourself, many people with extra cash do this with less serious problems. When it comes to serious, acute problems, however, it isn't true at all, if you have a life-threatening illness (or something that might leave you disabled etc) you will be treated immediately, they will call a doctor to his home if all are occupied. People don't die in the waiting room unless something went horribly wrong

@@mytube6538 Americans have no understanding of how high taxes are elsewhere. In Canada gasoline is $4-$5 a gallon despite oil being at $55 a barrel (for comparison we were paying $4-$5 a gallon when oil was at $147 a barrel). In the UK it's even worse, per gallon gas there is close to $6-$7 a gallon! We'd be paying that if oil was over $200 a barrel!

Actually compared to the US, Canada has lower taxes and lower federal spending, as well as lower federal debt, fewer regulations, and an overall more free-market-capitalist-oriented system similar to Australia, New Zealand, and Ireland: www.heritage.org/index/ranking One could assert that medical expenditures are the exception, but the crazy fact is the US government spends about the same on medicine per capita as the Canadian government in the form of medicare and medicaid.

Sadly, our politicians are so desperate for a trade deal with the US right now, I suspect they're about to sacrifice the NHS to get one. Then we'll be up the same creek as the Americans >.

The NHS is a disaster. Even with your insane taxes it is still underfunded and close to bankruptcy.

@@AdamSmith-gs2dv insane taxes? Income tax is Not that high and national insurance is barely anything compared to other European countries.

Thanks Serena! We appreciate you watching :)

Well thank you for watching!!

I love Threat Wire btw. Or you can do what the UK does spread the cost amongst everybody in the country you you only pay sub $* and nothing at the hospital when that energy is better used at getting better. In England you only pay a little bit towards prescription medicine (£7). * The maths is done by scaling up the cost of the NHS and then dividing it by the US population

@@gff655 incredible!! Wish we had something like that here.

Thanks so much! And we have a video coming soon all about the financial education crisis and what can be done about it! -- Philip

Why should professional’s labor as well as tons of other costs be a right? It’s overpriced and has a lot of issues but that doesn’t mean we should jump the gun

If you’re overall healthy, you can get an affordable premium and a zero deductible, low max out of pocket policy. Ask me how [=

Also I have gone to the ER and explained to them how I can't pay. Medical debt doesn't effect your credit like normal debt. I still have a good credit score and the hospital just wrote it off. Also I did get in a bad car accident 5 years ago and walked away with minor injuries. Actually if I would have had bad injuries I could have had a law suit with a huge pay out. Life is strange sometimes.

The problem with not having health insurance is if anything should happen you’ll quickly lose control of your financial situation staring down the barrel of thousands in debt.

amen

We need to discuss it more!

You realize they would just raise their rates 100%.

Go on Kelly blue book. If your car is worth less than the annual premium, cancel collision. Typical of cars older than 5 years. Though if you have financing you may be required to keep comprehensive. Why I buy used cars with cash

You're welcome!

Awesome, so glad to hear it's working for you!

Right! I didn't like this video.

Then get a policy which doesn't have such a high max???

Like seriously, you have no right to complain if you only look at one policy, or worse, the federal regulation.

And lots of those high-deductible plans are very poorly regulated

Except car insurance is worse because its a requirement and its to cover the OTHER drivers, not you. I've been seeing more hit and runs lately which tells me more people are without insurance which leaves you vulnerable and at a loss if something does happen and that's extremely discouraging. Oh and insurance usually goes up after an accident regardless of whos at fault. Big ol scams

@@QuesoDaddee man exactly like when I first got my car they told me I had to have insurance to even drive it off the lot. So I got insurance it was literally $3 less than the actual monthly bill for the car. I let that shit go the next month.

$320 a check for me !!! 🤦🏻‍♂️

Oh, such a fantastic topic! I'm adding it to our Topics List to cover in the future, Diethoc! - Philip

I don’t know much about the healthcare debate but routine fixes on your car don’t drain your wallet like literally anything healthcare related would, especially without insurance but completely out of pocket. Imo those are two different things.

@@leilanidru7506 It's a very good comparison!

What is the tax cost? With how cheap my health insurance is ($37 per paycheck) and how much money I make, I'd end up paying more in taxes than 37 bucks.

Enjoy the 30% sales tax.

Awesome! Glad nothing needed to be changed, but so much better safe than sorry!

but expect to get double taxed from both the new host country and the U.S.

F Maz Yeah and pay insane taxes and then have to wait an equally insane time for the doctor to look at you? Have you heard the stories from Britain or Canada or other countries?

@@briandeleon3478 as a Canadian, taxes aren't that bad. Assuming a $100k per year individual income (top 10%) the amount of tax that goes towards health care is only about $250/month. Also, the waits are in almost every case because someone went to the emergency room for an earache. Heart attacks and appendicitis still get through quickly. There are other problems, like a shortage of general practitioners but overall I prefer it over paying $500+/month then spending extra every step of the way.

Brian de Leon nah, I'd rather wait for a few minutes with my broken leg than go in tens of thousands of debt for the luxury of being treated immediately.

Who's going to pay for it

It's not free, you still pay for it.

@@freesoftwareextremist8119 Free is the wrong word. Affordable is the more accurate one. Affordable as in almost every country in the world pays less taxes for their public health care systems than the US pays for Medicare&Medicaid

Gryczany lucky

@@freesoftwareextremist8119 if you don't have a job, or you earn below the tax bracket, you aren't paying for it.

The only issue with HSA are they are great....if you make a good amount of money. If you live paycheck to paycheck and make just a little too much for assistance, it sucks...

Isn't HSA only available with high deductible plans that are only available if you employer offers it?

If you would have had any complications your insurance in the states would have likely denied you. You would be bankrupt by saving a bit by using medical tourism.

​@@shauna996Or you can medical tour again :) Sadly, even though you pay 20 times price in the US, the chance of having complications isn't any lower. The extra money goes into some rich guy's pockets, not into better quality care.

Insurance basically is a pyramid scheme

@@AdamSmith-gs2dv And a protection racket. "Pay us and we will protect you from the bad guys." (The bad guys is actually us, but you don't know that.)

Were you approve for Medicaid

Exactly... High deductible plan = bankrupt, low deductible plan = bankrupt, no insurance = bankrupt... The choice is obvious, assuming you make less than 50k like most people!

You got into an accident in your late 20s/early 30s and were left with an unreasonably high medical bill with no hope to pay back unless your parents took out a seconds mortgage?

@@leonardu6094 No, I am an early 20's who got a decent job and am wondering what to do about health insurance. It sounds like a high deductible plan is the answer!

@@Whatwhat3434 Well your'e currently in your prime so it is!

actually there was a study done which showed average spending on healthcare was more in Canada than US per person ( for same benefits). The probs are the high taxes here. If u willing to put up with that ur welcome to move here.

@@saleh.hashmi United states is also the only country in the world that has people going bankrupt due to medical bills.

@Yussef Saber lol really u sure abt that? I don't think so