On Sun, Aug 16, 2009 at 1:47 PM, David Hobby<hob...@newpaltz.edu> wrote:
> It does strike me as a kludge, though. To continue > your example of car insurance, I don't believe that > anybody markets insurance against having your car > insurance premiums rise dramatically. I do not think there is a as large a risk of such a dramatic rise in auto insurance premiums. Possibly auto insurance premiums could go up 5x after 2 DUI's, but short of that, I cannot think of anything that would result in such a thing. And that is relatively unlikely, compared to developing a chronic condition at some point in one's life. > I'd guess that Patrick is expecting health insurance > to have health status insurance already built into it. New ideas can be difficult to get used to. Perhaps they could be bundled together for those who prefer it. But it would be a bundle -- the two types of insurance are fundamentally different, since one pays a lump sum or equivalent (like life insurance) for a single event, and the other pays out many payments for multiple events. Perhaps yet another flavor would be to have health insurance like life insurance, in that you lock yourself into a contract for many years. _______________________________________________ http://mccmedia.com/mailman/listinfo/brin-l_mccmedia.com
