> True. The central problem described in the article is that he has cancer and doesn't want to go bankrupt from the medical bills.
What bills? He’s 79 so he’d have been on Medicare for the past 14 years. Sure there’s the Medicare premiums, but that’s peanuts.
No, I’m deeply confused why he would have massive medical bills when he’s covered by Medicare. Medicare covers 80% of bills and Medigap plans cover the other 20%. I think some recent changes obviate their need too by capping the annual out of pocket to (I think) $2,000.
I don’t think he has any such bills. From the article:
> He has said he intends to use the proceeds to help manage medical expenses for possible health crises, and to fund programs for people with disabilities.
He doesn’t need the money to pay for some treatments for himself. He wants the money to give it away to others.
You're deeply confused about the average American experience.