The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Galirayo who wrote (211882)	7/23/2009 12:20:28 AM
From: rich evans	Read Replies (4) of 306849

The market place would solve the cost problem. Actually , It already has. Catastrophic insurance policies have something called PNR which is prenegotiated rates. So I got a bill for 45000 dollars. The insurance company paid 15000 and I paid my share which was 1500. PNR is about 30% of the billed rate. That is why you need insurance to make sure you get the PNR. The PNR is similar to Medicare reimbursement. Health care is not inefficient or too costly. Go to an office or hospital and watch them run. We would need several catastophic policies to cover different situations as to age, pregnancy, with options for mental health etc. But this is standard today. But leave it to the consumer and take it away from corporations etc. You choose your own auto policy, fire policy etc. Why not health. You pay for your food, shelter, clothing , transportation etc. Why not health? Then insure against catastrophes, just like auto, house, job loss, death etc. One word will do it. Rich

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