Thoughts on the New Debt fairness Act

glenn57 wrote:

if your talking Maintenace type prescriptions have you looked at mail order???

The ones she needs regularly are not able to be done that way unfortunately. It Migraine related meds.

Brittman wrote:

That: There are too many that go to Emergency Rooms for what should be a minute clinic, doctor visit or Urgent Care visit.

I 100% agree with this but when you call the clinic and you cant get in for 3 weeks and you go to urgent care and they are not open because they are under staffed are you just supposed to not get your kid strep throat medicine or get a few stupid stitches in your finger.

Yeah good luck getting a regular Dr Appt these days. THey are weeks if not months out in many cases.

Bearcat89 wrote:

I shouldn’t have said insurance companies will take a hit. That was misspoke, it’ll be providers not profiting off lower income families. Again I doubt any one here will be affected.

If you think the providers taking a hit will not be passed along to others with good medical insurance you are a dreamer. When they take a hit it will be a hit to those with Insurance in the form of higher premium rates.

How do you garnish wages from those that don’t work, or work for cash?

Well I guess I’ll sit back and wait for the disastrous collapse. I won’t be able to afford going to the doctor. My annual visit that’s cost my 3 bucks will now be to steep to go. I guess we are now doomed.

glenn57 wrote:

as someone alluded to earlier…….it may not go to collections anymore but they WILL get there money. wage garnishment is still a total kick in the teeth either way you look at it!!!

The problem with Wage garnishment is there are certain incomes that can not be Garnished. There is also some that as soon as their wages start being Garnished, they quite that job and move onto another one. It then takes a fair amount of time for those recovering thru Garnishments to catch up to them at their new place of employment. The cost to locate someones work location and the cost to set up Garnishments also come into play and after several time of having to do so some companies simply stop chasing them. My wife works in payroll accounting and see see’s it often. Once the garnishment starts the employee just terminates their employment. Sadly this is garnishments for child support but also often for medical bills.

JEREMY wrote:

<div class=”d4p-bbt-quote-title”>Brittman wrote:</div>
That: There are too many that go to Emergency Rooms for what should be a minute clinic, doctor visit or Urgent Care visit.

I 100% agree with this but when you call the clinic and you cant get in for 3 weeks and you go to urgent care and they are not open because they are under staffed are you just supposed to not get your kid strep throat medicine or get a few stupid stitches in your finger.

This is 100 percent spot on. Just happened to us a week ago. No doctors clinics available for the step daughter, no urgent care so the er was the only option.
I’m glad I’m union and we have a in house clinic that is 100 percent free to all members. I haven’t paid for a visit in years and years.

Bearcat89 wrote:

Well I guess I’ll sit back and wait for the disastrous collapse. I won’t be able to afford going to the doctor. My annual visit that’s cost my 3 bucks will now be to steep to go. I guess we are now doomed.

I don’t know who said this would cause doom. I know for sure I did not. I said in my Opinion that this act would simply lead to higher cost for those who work and who do things the right way and get health insurance. Nothing new here. Those that work and do things the correct way will just need to pay extra for those who don’t. How much effect this will have on you , only you will know.

Bearcat89 wrote:

I’m glad I’m union and we have a in house clinic that is 100 percent free to all members. I haven’t paid for a visit in years and years.

That’s some pretty darn good health insurance. I thought mine was good. I think yours is better.

The one I want to understand is how did the student loan companies manage to become the only debt that cannot be discharged in bankruptcy? Who did they pay off to get that sweetheart deal? Literally every other type of debt can be discharged, but the court can’t touch a penny of student loans.

TheFamousGrouse wrote:

The one I want to understand is how did the student loan companies manage to become the only debt that cannot be discharged in bankruptcy? Who did they pay off to get that sweetheart deal? Literally every other type of debt can be discharged, but the court can’t touch a penny of student loans.

Agreed. But the govt is the primary issuer of student loans, so there you go.

TheFamousGrouse wrote:

The one I want to understand is how did the student loan companies manage to become the only debt that cannot be discharged in bankruptcy? Who did they pay off to get that sweetheart deal? Literally every other type of debt can be discharged, but the court can’t touch a penny of student loans.

Oh don’t worry. At some point they will wipe out all student loan debt anyway. Got to keep those votes coming in somehow you would think all the students who voted the way they did last time would remember that promise that was not keep, but they will buy back into it again when they start with that again this year ahead of the elections.

gimruis wrote:

That’s some pretty darn good health insurance. I thought mine was good. I think yours is better.

Unions have excellent insurance generally but you are paying for it somewhere. My neighbor was a journeyman electrician for like 30 years and the amount of money taken out of his check for vacation, health insurance etc was absolutely astounding!

CaptainMusky wrote:

<div class=”d4p-bbt-quote-title”>gimruis wrote:</div>
That’s some pretty darn good health insurance. I thought mine was good. I think yours is better.

Unions have excellent insurance generally but you are paying for it somewhere. My neighbor was a journeyman electrician for like 30 years and the amount of money taken out of his check for vacation, health insurance etc was absolutely astounding!

Well vacation is your own savings account so the money taken out is yours entirely at any time you want it, I opt for mine December 5th every year and it’s always around 5k. But it’s my own money. And my insurance is much less then my non union buddies who have crap insurance plans. So my coverage it’s great and the plan is more reasonable then any ones I’ve asked. But I’m not a sparky, so I can’t speak for them.

BC the numbers he told me were astounding. I couldnt honestly believe what he was having taken out of his check. My PTO is a benefit from my employer. I pay nothing for it. Its considered “total cost of employment” just like my office, etc. My healthcare is actually quite good and I pay around 300 a month for my family of 5 which I think is fair. It was quite a bit more to add my wife, but after seeing what she got and what she had to pay for deductible and co-insurance I had to add her or she would go broke with some of her meds. Her migraine meds are non formulary meaning they do not have a generic and a month’s worth is over $2k and she pays like $25 under my insurance.

CaptainMusky wrote:

Her migraine meds are non formulary meaning they do not have a generic and a month’s worth is over $2k and she pays like $25 under my insurance.

That’s the saddest part about our Healthcare/insurance world. The cost of medicine is astronomical. A epi pen and things like that are priced so high, and that alone kills people.

How many times has the banking industry been bailed out? Who paid for that and continues to pay for it? Banks are allowed to make incredibly poor choices and know that they are too big to fail. They will always be bailed out by the government and ultimately tax payers.
Regular people saddled with endless debt, they should never be helped???

Do we prefer continuing to support banks who have jumped on 8.5% interest rates on loans. Inflation has hurt most Americans. Banking/loan industry is killing it.

We all should live debt free if possible.

We should also pay our bills. If you just had to pay back the college, interest free, nobody would have an issue with any of this. Time to rethink how we do things.

There is too much money in this game for regular folks to expect any help. It is a massive industry with lobbyists fighting to keep it going.

No sense arguing over it. If you have debt, you have already lost.

As noted previously, just another way to buy votes … must prime buy vote season … apparently nobody cares that this country is 35 trillion in debt already and buying votes is how we got there ( both parties obviously, just that the socialist party a lot better at it than the other …. )

Paulski

Walleyedreaming wrote:

It is a massive industry with lobbyists fighting to keep it going.

And the recent supreme court ruling saying gifts/payments to public officials is ok and not considered bribery is going to keep things status quo. With the ruling, as long as the gift or payment is received after the fact and not before, it’s legal and not considered a bribe.

https://www.nytimes.com/2024/06/26/us/politics/supreme-court-corruption-bribery.html

Walleyedreaming wrote:

How many times has the banking industry been bailed out? Who paid for that and continues to pay for it? Banks are allowed to make incredibly poor choices and know that they are too big to fail. They will always be bailed out by the government and ultimately tax payers.
Regular people saddled with endless debt, they should never be helped???

I hear some version of this argument often, and really don’t get it. I think most people disagreed with bank bailouts, and are upset with the impact after (inflation). So because that got rammed through and everyone had to suffer some, we should do the same thing for more sects of society and make sure everyone suffers more?!?!