MONEY CAN BE MADE BY TRADING IN “JUNK BONDS”. SO CAN MONEY BE MADE IN THE HEALTH SYSTEM, BY TRADING IN?

insurance policies for for e.g. the critically sick ?

So can income be done in the illness system, by trade in word policies for the presumably critically sick ?

{ 2 comments… read them below or add one }

donutqueen June 19, 2010 at 3:16 pm

Health insurance policies, unlike some life insurance policies, cannot be turned in for cash (borrowed against). They do not have a cash value. You can only collect if you are ill and file a claim, and most send the money directly to the doctor or hospital, not to the patient.

This is not a philosophical question, it is an Actuarial or legal question.

Minski June 19, 2010 at 3:23 pm

yes
but it is much faster to simply defraud the system. I’m sure you can figure out more glib questions that are actually transparent digs at Obama.

So knock yourself out. Then GO TO BED. Tomorrow is a school night.

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