On Thu, 10 May 2007 15:26:18 -0400, Harry Krause
wrote:

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 has its uses if you have a wife and children you leave behind.

Yes! He can read!

On Thu, 10 May 2007 15:34:53 -0400, "JimH" wrote:


"Harry Krause" 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 has its uses if you have a wife and children you leave behind.

Exactly. But once you are financially established and the kids are on their
own you really do not need life insurance anymore.


....unless you live in a house with a $2,500,000 mortgage and you've only
got $1,000,000 in the bank, and you're my age. With the life insurance, the
wife will be able to pay off the mortgage.

Harry Krause wrote:
NOYB wrote:
"thunder" wrote in message

General
Motors, for instance, has been expanding it's operations in Canada,
while
shrinking them here. Want to guess the reason?

I know you want to claim the answer is "health insurance"...but the
real answer is "unions".

Once GM and Ford and Chrysler shut their factories here, and move them
abroad, they'll be out from under the unions. And then, 10 years from
now, you can bet that they'll open new union-free operations stateside
again.







The world, finally, is unionizing. Within a few generations, there will
be no place for irresponsible corporations to hide. I'm looking forward
to the end in 2009 of corporate rule in this country and, of course,
nationalization of the dentistry business.

An interesting statement from a beaten man.

http://www.nlpc.org/olap/congress/020501.htm

"Harry Krause" wrote in message
...
NOYB wrote:
"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.





Ahh, I forgot. You are Mr. Leveraged.

That's Mr. Leveraged-to-the-hilt to you.

NOYB wrote:

"JoeSpareBedroom" wrote in message
...

"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 they 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?


I'm not an actuary, but I would guess that it's more likely that in the next
10 years you'll get a major illness (or several) than die. Plus, you can
only die once.




So much of the health insurance mess is because of the tiny deductables.
The insurance I had was only $150 a month. It had a 2k deductible. It
protected me from major expenses. To go to a 250 deductible, would hav
cost me $650 a month, so it only too a few months of no claims to be
head of the game. (I also was albe to put 2k into a health savinga account.)

On Thu, 10 May 2007 17:45:01 -0400, Harry Krause
wrote:

NOYB wrote:
"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.





Ahh, I forgot. You are Mr. Leveraged.

And you, Harry, HK, Harry Krause, or whatever it is today, are a really
neat guy!