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
>
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