Author Topic: Interesting Articles...  (Read 2375672 times)

Offline ExGingi

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Offline Ergel

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Offline ExGingi

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Offline Ergel

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Re: Interesting Articles...
« Reply #8225 on: December 19, 2017, 08:22:48 AM »
https://www.bloomberg.com/news/features/2017-12-18/a-hospital-giant-discovers-that-collecting-debt-pays-better-than-curing-ills
I don't get what the big deal is that the hospital itself is the debt collector. Medical debt collecting companies need to work within the framework of legal debt collection (which this company clearly does not) but that has nothing to do whether it's a spinoff from the hospital or a separate entity
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Offline TimT

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Re: Interesting Articles...
« Reply #8226 on: December 19, 2017, 08:39:31 AM »
Why won’t employers hire because of the medical debt ?

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Re: Interesting Articles...
« Reply #8227 on: December 19, 2017, 08:56:50 AM »
Why won’t employers hire because of the medical debt ?
My understanding is that they wouldn't hire because of debt in general without making a distinction between medical and other debt.
Feelings don't care about your facts

Offline Moshe123

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Re: Interesting Articles...
« Reply #8228 on: December 19, 2017, 08:59:47 AM »
Why won’t employers hire because of the medical debt ?

An employee with lots of debt makes for a grumpy employee, who is never happy and underperforms. From experience.

Online hvaces42

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Re: Interesting Articles...
« Reply #8229 on: December 19, 2017, 11:43:07 AM »
An employee with lots of debt makes for a grumpy employee, who is never happy and underperforms. From experience.
Thats an unfair generalization. For me, crushing debt is only a motivator.
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Offline ExGingi

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Re: Interesting Articles...
« Reply #8230 on: December 19, 2017, 12:24:30 PM »
Why won’t employers hire because of the medical debt ?
Unpaid debt is looked upon as an indication of character. It is also important if the position involves handling money. If the employer really wants to hire, many times the issue might be overcome with some explanation and human intervention. But unresolved debt can drop a candidate out of initial screening.
« Last Edit: December 19, 2017, 12:30:16 PM by ExGingi »
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Offline ExGingi

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Re: Interesting Articles...
« Reply #8231 on: December 19, 2017, 12:31:46 PM »
Thats an unfair generalization. For me, crushing debt is only a motivator.
But before you dealt with your problem, didn't it trigger improper handling of funds?
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Offline TimT

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Re: Interesting Articles...
« Reply #8232 on: December 19, 2017, 12:56:10 PM »
Unpaid debt is looked upon as an indication of character. It is also important if the position involves handling money. If the employer really wants to hire, many times the issue might be overcome with some explanation and human intervention. But unresolved debt can drop a candidate out of initial screening.
There should be a difference between one who loves to spend money & somebody who had a medical emergency.

Offline ExGingi

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Re: Interesting Articles...
« Reply #8233 on: December 19, 2017, 12:58:34 PM »
There should be a difference between one who loves to spend money & somebody who had a medical emergency.
Indeed, and that's why human intervention could help. But often it's just rejected at the preliminary screening based on credit report showing delinquency, without looking at details.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Boruch999

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Re: Interesting Articles...
« Reply #8234 on: December 19, 2017, 01:34:11 PM »
Indeed, and that's why human intervention could help. But often it's just rejected at the preliminary screening based on credit report showing delinquency, without looking at details.

Not every industry has a recon dept  :)

Online hvaces42

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Re: Interesting Articles...
« Reply #8235 on: December 19, 2017, 02:01:12 PM »
Indeed, and that's why human intervention could help. But often it's just rejected at the preliminary screening based on credit report showing delinquency, without looking at details.
Federal Govt law enforcement jobs are very keyed into this. They ask all sorts of questions based on credit report. They dont want someone subject to extortion or blackmail in a law enforcement position.
But before you dealt with your problem, didn't it trigger improper handling of funds?
Had nothing to do with why I did it. I had debt since I was very young. Didnt learn money management skills. Has nothing to do with my qualifications for a job. I believe its illegal in NY to not hire based on credit report.
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Offline Ergel

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Offline thaber

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Re: Interesting Articles...
« Reply #8237 on: December 20, 2017, 07:53:20 PM »

Offline Boruch999

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Re: Interesting Articles...
« Reply #8238 on: December 20, 2017, 08:07:02 PM »

Offline thaber

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Re: Interesting Articles...
« Reply #8239 on: December 20, 2017, 08:09:47 PM »
Anyway around the paywall?
I got there from Google News, no pay wall. Basically bashing reform for being anti trump