Posted on 11/23/2008 9:17:34 AM PST by John Semmens
I think the problem with that is you would have a small but significant percentage of people have conditions that wiped out their health savings accounts. That is the reason for health insurance anyway.
But if everyone did this, it would be quite cheap to purchase insurance against running out of money, and everyone could be required to do that too.
The chief problem would be getting the thing started, and allowing time for balances to build up.
WEll I didn’t buy a house in a flood plain area without flood insurance either, but nice try. And again, if you are in a flood plain, you have to buy insurance, as you well know. I was commenting on people who can’t buy insurance because their homes are not designated to be in a flood area, yet by some fluke, there is a flood.
I’m sorry but I have no idea what your post meant.
Maybe I better get some Michigan hurricane and eathquake insurance too. I live on some of the highest ground in the state and it’s all downhill from here. I don’t need some know it all telling me that there might be a flood when they clearly don’t know what the heck they’re talking about.
My house is paid off and I’m out from under paying for someone elses flood insurance.
forcing? I thought free choice was somewhere in the equation or was that personal responsibility? Nahhhh.
We the government FORCE you!!!! BRILLIANT COMRADE.
HAHAHAHA. You are already being forced to pay for those ‘personal responsibility’ folks (and those illegal aliens) — you know when they get free care at the emergency room?
Of course, who cares about that right? BRILLIANT COMRADE!!!
If you don’t have a mortgage, then why do you have to purchase flood insurance? I don’t care if you have any insurance myself, that is your decision. But when you originally bought your house and asked for a mortgage, you had to play by their rules. Sorry, but that is life.
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