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Originally Posted by Harry Lime
$60 356 not including Consolidated Health Centers and Government Subsidized Housing.
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That is the value of services provided, not necessarily what is paid out. The difference can be substantial.
For example, when you use your health insurance down here you receive a bill of what the value of services were, then a statement of what you are paying, then what the insurance company is paying based on their negotiated discount. An example would be ending up being admitted in the cardiac/stroke ward and having a series of tests done over a two night stay. The bill comes to $75K, of which the individual is responsible for the max deductible ($1,000 on this plan), payable at discharge, and then the insurance company picks up the rest. Once the discounts are applied the insurance company only ends up paying ~$9K. So of the $75K in services, that an individual without insurance would be expected to pay, the actual cost is $1,000 plus your premiums (another $12K). The insurance company is still way ahead because of the discount they get and the premiums they receive. There's a lot of shenanigans in this game IMO, but this is the way services are calculated.
To a large degree. As I said, the math can get fuzzier depending on the source, but the same calculations seem to play out.
https://thefederalistpapers.org/us/w...-find-stunning
https://www.washingtonpost.com/news/...rents-welfare/
So while the individual may not be receiving the actual "money" the value of services they receive greatly exceeds the money being exchanged.
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Also, could you clarify if you are supporting or refuting his claim. I've never heard that that money concerns relevant to basic needs didn't directly lead to stress related depression. To which post are you referring?
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I have posted numerous studies that support the claim that poverty leads to instances of depression to a factor of 2.1. That is significant and the finding is consistent. So yes, I am stating that poverty leads to greater instances of depression and refuting MathGod's claim that it does not.