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Gold/Mining/Energy : Gold Price Monitor
GDXJ 145.00+2.0%Jan 23 4:00 PM EST

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To: Casaubon who wrote (38117)8/1/1999 11:10:00 AM
From: Follies  Read Replies (1) of 116912
 

the point of insurance is risk sharing. To pay in at different levels is a whole other
ball of wax, than being denied potentially lifesaving benefits.


Risk sharing among equally likely risks is the most efficient system which the insurance business will gravitate to. THats why they have good driver and non-smoking discounts.

People are denied lifesavings benefits every day. Organs aren't available or procedures are too expensive. Having one heart and two heart transplant patients that need it and making a decision is no different than having a $100K pool of money and two people that each have $100k procedures necessary, and making a decision.
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