Your meta-commentary is just as vapid as mine.

Technically true. It's paying the bills on top of the second mortgage after helping your 30 year old grandkids afford college, weddings, and starter homes that leads to bankruptcy. A surprise one-time medical cost is only a minimal contributing factor in the arc of recurring mandatory prescription, insurance, and care costs, at that point. My inner Humean rejoices.

That coupled with private equity's involvement in all late / end of life care ensures no one dies with a penny to their name to pass down.

It still paints a picture of an out of control, over-financialized system that only gets more expensive the more money is put into it.