Even families with health insurance are quite vulnerable to a severe economic reversal if someone gets sick.
Interpretation
Health insurance does not fully protect families from the economic consequences of serious illness.
This quote highlights the financial risks that families face, even when they have health insurance. It emphasizes that medical emergencies can lead to significant economic strain, revealing the shortcomings of health coverage in safeguarding against severe financial distress due to health issues.
In practice
In a discussion about healthcare policy, one might evoke this quote to illustrate the limitations of health insurance.
Families rely on financial services more than ever, but those who need them most - who struggle to make ends meet - too often must contend with sky-high interest rates and tricks and traps buried in the fine print of their loan products.
There's been such a sense that there's one set of rules for trillion-dollar financial institutions and a different set for all the rest of us. It's so pervasive that it's not even hidden.
Mitt Romney is the guy who said corporations are people. No, Governor Romney, corporations are not people.
I talk to nurses and programmers, salespeople and firefighters - people who bust their tails every day. Not one of them - not one - stashes their money in the Cayman Islands to avoid paying their fair share of taxes.
'Middle class' used to be synonymous with secure, with steady, with boring, because middle-class people were people who were pretty much safe from the time they first started work on through retirement and until their deaths. No longer.
Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?
I think birth and motherhood are not things that you're trained to do. You might have a good example in your own mum, but nobody teaches you how to be a really great mum.
Motor racing is like one big family, ultimately, and when you come back to it, that's really what it feels like.
I have not been a good father, but no father has loved his children more. Like my father, I decided the best thing I could do for my kids was work and provide. Fortunately, I've been able to do that. Unfortunately, my work was on the road, and that's meant a life of one-nighters.
I think our family is like a lot of families. We had no vocabulary for mental illness
The desire to be and have a sister is a primitive and profound one that may have everything or nothing to do with the family a woman is born to. It is a desire to know and be known by someone who shares blood and body, history and dreams.
I love my family, even as I critique their dysfunctionalities.
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