When you reach a point where the suggested solution to ridiculously overpriced health insurance is to take out an insurance policy on your insurance ... perhaps it's a sign that you ought to consider some other system.
Patrick On Sun, Aug 16, 2009 at 12:24 PM, John Williams<jwilliams4...@gmail.com> wrote: > One thing that is often discussed in reference to health insurance is > that if someone is unexpectedly afflicted with a chronic condition, > their health insurance premiums will usually increase drastically. > Health insurance for someone diagnosed with a chronic condition might > go from $2,000 a year to $10,000. Many people would be unable to pay > the higher amount, and cite this as a reason for making health > insurance non-voluntary with a very large risk pool. > > However, having health insurance premiums unexpectedly increase is the > sort of personal risk that can itself be insured against. Sometimes > called "health status insurance", such insurance pays out a lump sum > or as an annuity if an event occurs that drastically raises health > insurance costs. > > Here is an article discussing health status insurance: > > http://www.cato.org/pub_display.php?pub_id=9986 > > _______________________________________________ > http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com _______________________________________________ http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com