"Reginald P. Smithers III" wrote in message
. ..
NOYB wrote:
"Harry Krause" wrote in message
...
JoeSpareBedroom wrote:
"NOYB" wrote in message
news "Harry Krause" wrote in message
...

That means that everyone in the country pays for healthcare through
their taxes, and everyone in the country gets healthcare.
What is wrong with:
"Everyone pays for the health insurance plan that thyey choose, and
everyone gets healthcare."

There's nothing theoretically wrong with that, except that for a family
of four in NY, the going price is $700 to $1000 per month, and if
you're above a certain income level, there's nothing cheaper. It's
$700, or nothing. You can be above the income level to qualify for the
state's cheaper plan, but still be unable to afford the $700.

The other problem, at least for me, is the math. Let's say you buy
health insurance because you're afraid of having to deal with a worst
case situation, like cancer. Could the bills total a quarter of a
million dollars for that illness? More, maybe? So, I pay $600 per month
(single person) for health coverage to deal with that eventuality -
let's call it a quarter million, even though I don't know if that's
accurate. At the same time, I pay about $100 a month for life insurance
with the same benefit - a quarter million.

What's wrong here?
Life insurance pays your inheritors when you die, unless you have whole
life.

Health insurance covers your bills, assuming you survive.


Life insurance is really a sucker's bet. The insurance company is
betting that you will live...and you're betting that you'll die.




Term Life makes sense for those you support financially, Whole Life is a
suckers bet.

I have $1.5 million in term life. Almost 2/3 of that is pledged to debt.