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The overwhelming majority of Americans who experience medical bankruptcy have health insurance.

You're obviously not from the US.

In the US, they have this concept of a "pre-existing condition", and depending on your situation, a health insurance might cover it, or not, as far as I understand.

Even making good money in SV, you can still end up with a medical bankruptcy (or your family, for that matter).

Since the ACA became law in the US (10 years ago) all health insurance has to cover preexisting conditions.

You're about a decade late with this comment.

Just like I won't expound on German healthcare policy, maybe you should reserve judgement on US healthcare policy until you actually know what you're talking about.

You're assuming that whatever you're stricken with leaves you in good enough health to continue working.

But that’s true in Canada as well. The medical expenses might not bankrupt you, but not being able to work will.

https://bankruptcy-canada.com/bankruptcy/causes-of-bankruptc...