Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 09-29-2015, 06:20 PM   #101
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
Join Date: Jul 2008
Posts: 20,722
Now, the healthcare may then be free but how do I know if the service quality will not be like in the Soviet Union in the Commie days.

Darn, then for better treatments I will have to go to Mexico City or to Bangkok.

"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-29-2015, 09:12 PM   #102
Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 3,877
Originally Posted by utrecht View Post
I'm not talking about expensive treatments that cost $10 million, I talking about insurance premiums that cost $5000 per month. Hardly anyone costs an insurance company $10 million in their lifetime.

I hate to say this but I think eventually the government will take over healthcare in some form. If insurance companies were non profits, healthcare would cost many multiples less than it does. The same treatments and medicines cost many many multiples less in other countries than it does in the US and it doesn't have to.
But having to pay for a few people costing $10M ends up costing you $5k per month. Somebody has to pay for it. Insurance companies just average the cost across their policy holders and add less than 20%. I don't think there is any one cost culprit.

Animorph is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Self-insuring for LTC???? Golden sunsets FIRE and Money 70 08-12-2013 10:48 AM
Insuring Art Karloff Other topics 8 03-31-2013 09:38 AM
Self Directed IRA Suggestions moguls FIRE and Money 12 02-24-2004 02:00 PM
Real Estate in a self-directed IRA???? ryalmokas FIRE and Money 2 02-23-2004 09:29 AM


All times are GMT -6. The time now is 10:06 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.