Live data from Hacker News

The Bermuda Triangle of Wealth

conradbastable.com

1–10 of 269 posts

Re: The Bermuda Triangle of Wealth

#2
> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000

Surely this is not true?

Does having kids just bankrupt ordinary people in the US or what?

I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming most people don't have that much money?

Re: The Bermuda Triangle of Wealth

#4
post #2

> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000 Surely this is not true? Does having kids just bankrupt ordinary people in the US or what? I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming…

Even with a good health care package, a friend paid $10 thousand dollars (his maximum deductible) for the first year of one of his children, due to infant allergies.

Re: The Bermuda Triangle of Wealth

#5
post #2

> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000 Surely this is not true? Does having kids just bankrupt ordinary people in the US or what? I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming…

It costs around the same in Europe if you don't have insurance. I'm pretty sure it's the same in the USA - this is the rate that would be charged to your insurance company. Rates are way lower for uninsured people if you ask them and tell them that you're not insured (I got a bill lowered 10 times when I broke my hand); and of course most people have some kind of insurance.

To the people downvoting: please read properly. If you move your place of residence outside your country, you're no longer insured, and that's what I'm talking about - I specifically said "if you don't have insurance".

Re: The Bermuda Triangle of Wealth

#6
post #2

> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000 Surely this is not true? Does having kids just bankrupt ordinary people in the US or what? I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming…

If it's not the birth itself, it doesn't stop there. No protected time off, expensive, subpar childcare options, long work hours if you want to advance your career. One way or another, you are punished for having kids.

Unless you're really rich. It's now more of a status symbol amongst the rich. "Oh you have 5 kids? Two nannies, a cook too. That's the life!".

Re: The Bermuda Triangle of Wealth

#7
post #2

> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000 Surely this is not true? Does having kids just bankrupt ordinary people in the US or what? I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming…

Assuming you don't have healthcare insurance, which 90% of Americans do, it would set you back around $3000, according to: https://www.parents.com/pregnancy/considering-baby/financing...

Re: The Bermuda Triangle of Wealth

#9
post #2

> Google tells me that the most common reason for hospitalization in the US is childbirth. Thankfully, here in San Francisco, that would only set me back $15,000 Surely this is not true? Does having kids just bankrupt ordinary people in the US or what? I'm not asking about exceptional cases, like what is the normal way of dealing with having to pay $15,000 just to have a baby climb out of your body, when I'm assuming…

It costs around the same in Europe if you don't have insurance. I'm pretty sure it's the same in the USA - this is the rate that would be charged to your insurance company. Rates are way lower for uninsured people if you ask them and tell them that you're not insured (I got a bill lowered 10 times when I broke my hand); and of course most people have some kind of insurance. To the people downvoting: please read prope…

Actually in Italy you don't pay a dime, unless you want to. The level of care you get varies by region, but is generally pretty good, especially for regular, mass events like birth.

Re: The Bermuda Triangle of Wealth

#10
post #9

Earlier quoted context omitted.

It costs around the same in Europe if you don't have insurance. I'm pretty sure it's the same in the USA - this is the rate that would be charged to your insurance company. Rates are way lower for uninsured people if you ask them and tell them that you're not insured (I got a bill lowered 10 times when I broke my hand); and of course most people have some kind of insurance. To the people downvoting: please read prope…

Actually in Italy you don't pay a dime, unless you want to. The level of care you get varies by region, but is generally pretty good, especially for regular, mass events like birth.

Same in France. Standard care is free, extra can be taken care of by your private insurance.
Post reply on HN