tj444
Posts: 7574
Joined: 3/7/2010 Status: offline
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quote:
ORIGINAL: MusicalBoredom I agree DYB. The private insurance industry could have worked but they have just proven to be too greedy so they drop people as soon as it affects profits. A public insurance, such as you mention, would adjust rates to make sure than what came in was enough to fund what was being paid but without the profit being added to it. umm,.. public insurance really depends.. Canada has health care but there but people do fall between the cracks there. One guy in BC needed a heart operation, he was on the list, he travelled to Vancouver and then told no, he was bumped by someone that was an emergency. So he went back home and waited, then he travelled again and was in the hospital but too late, he died there waiting. Another couple from BC, he needed a heart operation,.. on the list. But they thought his condition was a higher priority than the public health care system thought. So rather than leave his fate in public hands, they took a mortgage out on their home, he paid $50,000 in the US and that was out of his own pocket as the public health care system will not reimburse him. So, imo, a prudent person will self insure, like buying a second house and renting it out, let your tenants pay it off, then when you are older and need the $ and if the public health care fails you, its there. The last 3 years of a persons life tend to be the most expensive (nursing home, etc), at least that is what i have read.. And yeah, private insurance too but I personally dont trust them to help when I need it.. loopholes,.. lots of loopholes..
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