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Originally Posted by kane
Can you explain to me what good it does society to have someone who is old lose everything they have worked for just because they got sick or injured and needed medical care?
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Maybe this will clear up my position:
If you have a bunch of cash in the bank or liquid investments like stocks etc. I have no problem with having to use those to pay for medical bills. What I don't like is when people have retirement accounts like 401K accounts or they have life insurance policies that they have to cash in to pay for medical bills.
To me, it seems crazy that a person who has a modest retirement fund that they worked their whole life accumulating should have to cash it all in and live in poverty the rest of their lives simply because they got sick or injured.
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So who will pay, the young who never met the person?