Comment on In the US, what happens if you sustain a life threatening injury and you don't have insurance?
MxM111@kbin.social 10 months agoAlso quite often charities step in to help with the bill.
Comment on In the US, what happens if you sustain a life threatening injury and you don't have insurance?
MxM111@kbin.social 10 months agoAlso quite often charities step in to help with the bill.
52fighters@kbin.social 10 months ago
Most hospitals are setup as non-profit entities and use medical debt write-offs to exhibit their charity. In all truth, they intentionally drive their own expenses sky high to increase revenue to astronomical levels so to give executives running these organizations excessively high compensation. These write-offs are just part of the gig.
nottelling@lemmy.world 10 months ago
Hospitals haven’t been non profit since they were delayed in the early 1980s, and are absolutely structured for profit, with shareholders and conglomerate ownership and everything.
The medical write offs are exactly that. Tax avoidance.