Glossary Building 3

When we look at these three words, I believe they are perfect for consumer health. When we look at bankruptcy, it is a scary word, and a term you do not want to use or have applied to your life. Bankruptcy is applied to consumer health because if a person needs to pay for surgeries, medication, or anything else health related, and they have declared bankruptcy, then it would be difficult for them to pay off their bills, or to acquire any medication. Bankruptcy heavily limits people. Intersection is a term that can describes the status of an individual.

An example of intersection would be a poor gay white man.  Intersection can be applied to consumer health because a lower-income level person would perhaps have a much difficult time paying off their bills or paying for services that a person of a higher-level income. Another term that may be useful to consumers is predatory lending. Sellers take advantage that people need to pay for medicine, treatment, or anything else health related, but are unable to pay for it. So, sellers loan these people money but the catch is that they must obviously return the money, but the interest rate is extremely high.

 

  • Bankruptcy
  • Intersection
  • predatory lending

 

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