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've decided to tell my kids things like: 'I love the way each of you tilted back your heads when you laughed.' I will give them specific stuff they can grasp.
That's the nature of being a parent, Sabine has discovered. You'll love your children far more than you ever loved your parents, and -- in the recognition that your own children cannot fathom the depth of your love -- you come to understand the tragic, unrequited love of your own parents.
My husband's a pediatrician, so he and I talk about parenting all the time. You can't raise children who have more shame resilience than you do.
A mother is not a person to lean on but a person to make leaning unnessary.
Everybody's social life in Jordan revolves around family.
I wish all the mothers, fathers and children out there realize how much I need them and how much I value their support.
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