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krispos42

(49,445 posts)

47. They can claim the loss on their taxes, is how I believe it works

Sun Mar 11, 2012, 05:38 PM

Mar 2012

It's a business loss, so it gets deducted from his taxable income.

I think that's how it works.

So actually she's passing the bill to both the doctor and the government.

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51 replies

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Highlight:

Plaintiff challenging healthcare law went bankrupt – with unpaid medical bills [View all] SunSeeker Mar 2012 OP

"an example of exactly the problem the healthcare law was intended to address. " babylonsister Mar 2012 #1

Making underinsurance the norm will only make the problem worse n/t eridani Mar 2012 #10

re: I maintain some people are just plain dumb. mlevans Mar 2012 #28

They should still have access, though excuse not to write Mar 2012 #37

dumb for allowing tooeyeten Mar 2012 #40

boy oh boy..they picked the wrong person to make their case madrchsod Mar 2012 #2

Only $4,500 in medical debt? christx30 Mar 2012 #3

rofl! 2banon Mar 2012 #51

You can declare bankruptcy in Florida when you only owe $4,500? No wonder all the crooks there.. Monk06 Mar 2012 #4

You can declare bankruptcy with $1 in debt AngryAmish Mar 2012 #32

In Canada the minimum debt to declare personal bankrupsy is $1000 which surprised me Monk06 Mar 2012 #33

"she and her husband owe $55,000 to others, including credit card companies." PSPS Mar 2012 #5

If her only income is $275 a month in unemployment... subterranean Mar 2012 #6

But THAT would be SOCIALISM! Ian David Mar 2012 #14

Common misconception about Medicaid KatyMan Mar 2012 #15

65 or blind or disabled or have dependent children. bornskeptic Mar 2012 #18

Medicaid != Medicare jeff47 Mar 2012 #19

Nope- wrong KatyMan Mar 2012 #44

Medicaid varies by state. SheilaT Mar 2012 #50

The Affordable Care Act includes a Medicaid expansion. subterranean Mar 2012 #23

Agree- KatyMan Mar 2012 #45

The stupidity is strong with this one. nt Selatius Mar 2012 #7

You are wise Obi Won sarcasmo Mar 2012 #24

That amount wouldn't have triggered a catastrophic policy. dkf Mar 2012 #8

+1 area51 Mar 2012 #9

just as so many Obama critics veganlush Mar 2012 #11

How do taxpayers subsidize the bankrupt? N/t Narkos Mar 2012 #35

last time i checked, people w/ health insurance can still go bankrupt. KG Mar 2012 #12

Derp! n/t Ian David Mar 2012 #13

But... Wait Wut Mar 2012 #16

So.... if she has a heart attack, what happens?? Sparkly Mar 2012 #17

She will be a charity case citizen blues Mar 2012 #39

if she's got $55g in debt, including unpaid credit card bills SemperEadem Mar 2012 #20

And who eventually Iliyah Mar 2012 #21

Do you wonder how matron Brown would feel if someone didn"t pay here? bayareaboy Mar 2012 #22

Stupid is, as stupid does. Smilo Mar 2012 #25

If she's on unemployment EC Mar 2012 #26

There's a cure zentrum Mar 2012 #27

So, She's bankrupt now and can't pay her medical bills. So guess who she wants to pay her bills now? W T F Mar 2012 #29

So, did she challenge mandatory unemployment insurance payments? MH1 Mar 2012 #30

Perhaps she is receiving some cash for agreeing to act as the plaintiff andym Mar 2012 #31

Burning stupid. nt Lucky Luciano Mar 2012 #34

Bankrupt and on unemployment, eh? NICO9000 Mar 2012 #36

Arrrrgh. My brain. It's burning. geckosfeet Mar 2012 #38

So then the governmen, that is the taxpayers, picked up her unpaid medical bills. krispos42 Mar 2012 #41

Wouldn't the doctors eat the loss? dkf Mar 2012 #42

They can claim the loss on their taxes, is how I believe it works krispos42 Mar 2012 #47

Good point. They do that on top of inflating their charges to cover nonpayment. nt SunSeeker Mar 2012 #49

Doctors inflate their charges to cover the predictable amout of nonpayment. SunSeeker Mar 2012 #48

Who says I don't have insurance right now? mackattack Mar 2012 #43

Pacer System bpj62 Mar 2012 #46