We all own a hedge fund or two!

     Most of us think of hedge funds as a Wall Street or banking maneuver that skates close to the edge.  But actually anyone in possession of insurance of one sort or another owns a hedge fund.  A hedge fund is a pool of money that is reserved or protected in the case of a bad period or investment.  So life insurance is a hedge against the time of your death, auto insurance is a hedge against an accident or other catastrophic occurrence, business insurance is a hedge against law suits or other such things and health insurance is supposed to be a hedge against catastrophic accidents, illnesses or injury.  It was never supposed to be the go to for the health equivalent of oil changes and spark plugs in automobile maintainance.  So why when almost every state has Good Samaritan law that cover clinics as well as hospitals have we bought into the myth that without insurance one can't get health care?  There have been instances where doctors have opted out of accepting insurance (especially government provided) and have been able to reduce their fees by 25% or more.  They will provide anyone with the necessary information for the individual to file a claim with their insurance should they so desire but the doctor's staff will not be tied up with doing the paper work of initial filing or disputes.

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Comments (41)

  1. EZWAYZ

    I use mason jars buried in the back yard

    March 16, 2017
    1. SEC

      sho nuf lamb bun

      March 16, 2017
      1. EZWAYZ

        March 16, 2017
  2. willsblog

    …and the “hedge fund” on our car is required by law.

    March 16, 2017
    1. SEC

      for the privilege of driving a car no matter how you slice it a car is not a right but a privilege

      March 17, 2017
      1. willsblog

        Driving an automobile is absolutely a privilege rather than a right!

        March 17, 2017
  3. wirelessguru1

    No! Insurance is a “mob” business.

    March 16, 2017
  4. Munkyman

    Insurance is not a hedge fund. It is a hedge, but it’s a rented hedge you don’t own it. You own the assets in a hedge fund. Whole life insurance comes a little closer when it’s through a mutual company, but it’s still not a hedge fund, it’s simply a tax advantaged investment.

    March 16, 2017
  5. EyeVey

    If I didn’t have insurance 6 years ago, one of my cancer drugs would have cost me $580/month. The drug company that manufactured it had a program that kept the cost at $20/month for 6 months, but that would have been it.
    I’d so much prefer my tax dollars cover cancer drugs, heart medication, epic pens rather than abortion…

    March 17, 2017
    1. SEC

      but that is what insurance is for, not the annual physical to keep you in “running order”

      March 17, 2017
      1. EyeVey

        It’s been that since the 1980’s.

        March 17, 2017
        1. SEC

          no it started to be that in the late 1940’s and early 1950’s when due to the wage price controls imposed by the government (wartime) the businesses in competeing for the returning vets started offering “benefits” as a way to attract the workers they wanted.

          March 17, 2017
          1. EyeVey

            I was more referring to the many who weren’t in unions, which probably accounted for many workers who were returning vets. We didn’t have insurance back in the 50’s and 60’s.
            I belonged to a union from 1970-1972, and it wasn’t offered then, but I’m not sure how big that union was.

            March 17, 2017
            1. SEC

              okay but the idea of benefits package goes back to the end of WW II

              March 17, 2017
  6. jaageet

    I don’t have insurance. Self-insured. I have God, and cash.

    March 17, 2017
    1. SEC

      many medical professionals accept cash transactions giving a 10-20% discounted price

      March 17, 2017
      1. belladora

        They love cash. IRS doesn’t. You can hide cash. You can not hide from government audits. Worked for 2 doctors in mid 60s. Both were cash. There is a reason for that. We have walk ins in NH and MA, that charge $75 cash a visit. I would prefer that over having charges tripled for Medicare. Serves toward your deductible as long as you get a receipt. Just a blurb.

        March 20, 2017
        1. SEC

          yup works with dentists too

          March 20, 2017
          1. belladora

            Yes mam’

            March 20, 2017
    2. willsblog

      If you accidentally hit someone in your car, let’s hope you have a LOT of cash….

      March 17, 2017
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      2. jaageet

        By the way, health insurance is for cowards. If it was a necessity, God would have provided coverage for the animals in the forest. No doctors and hospitals for me. Anything I can’t fix with a band-Aid, I go with God.

        March 17, 2017
        1. willsblog

          Wow, I guess there are many things that aren’t listed in the Bible so they also must be “for cowards” as far as you are concerned. I wonder how many of those are used by you???

          March 17, 2017
      3. jaageet

        Whenever I see an accident on the road or pile-ups, I see a well-deserved endgame for fools. No pity. Those idiots drive too fast: always either pushing me from behind or slipping past on the right; overtaking me and zooming by even when I am already going 5 miles per hour above the speed limit; pickup trucks hauling humongous boats going 80 miles an hour. I have never hit anyone in my life while driving and only messed up the paintwork a couple of times getting out of tight parking places in the city. And its not because I am an old dodger like you, Will. I own fast cars and always abide by traffic rules out of consideration for others. The power I unleash in my rides is for pulling away from fools before they can close the gap between me and a big rig on its way to Hell.

        March 17, 2017
        reply
        delete

        March 17, 2017
        1. willsblog

          Injuries and death are not “well-deserved”. The Bible says that the rain falls on the just and the unjust alike. You can sit back with your smug better than others mentality if that is your wish but the Bible CLEARLY tells us differently.

          March 17, 2017
          1. This comment has been deleted
          2. jaageet

            Let me make this clear so you can understand why your mind is clogged with inane liberal sentiments. Liberals have a big heart and make no distinction between the good, bad and the ugly. Injuries and death occur on public roads because drivers operate their vehicles without due care and recklessly. There is also a cause why some folks are shot by cops and others never ever come across a mean policeman in their lives. The reason why people meet with misfortune is because they invite it. I hold myself accountable for anything bad that happens to me. Adam did not have to eat that damn apple. He did and paid dearly for it.

            March 20, 2017
            1. willsblog

              Yes, I’m sure that you are very proud of yourself too. When you get in front of God and His judgement seat you can lecture Him on how He could be like you. Maybe you can call Him a Liberal also!

              March 20, 2017
          3. jaageet

            God a liberal? No way. There is no escape from the Hell he has created for the eternally damned: folks who think they can mess around with a merciful God. It’s a whole lot easier for illegals getting through Trump’s tightening borders than for a sinner to get into Heaven. Repent, Will. It’s not too late.

            March 20, 2017
            1. willsblog

              Oh I think you have a LOT of weird ideas that aren’t in scripture but I’m sure that you think you are “smarter” than God. “Repent”? To YOU? Never. I serve God NOT arrogant man.

              March 20, 2017
          4. jaageet

            I wouldn’t dare declare that I am smarter than Mr. Anderson. He rules the firmament here. Those folks back in ancient Jerusalem also thought Jesus had a LOT of weird ideas that weren’t in their scripture. Those sonavabitches were incensed by a carpenter’s son who thought he was “smarter” than God and they nailed him to the cross. History is repeating itself, Will. You see arrogance in me because no prophet is honored in his own home.

            March 20, 2017
            1. willsblog

              “Mr. Anderson”? Don’t know him and don’t care. I wasn’t talking about a human being, I was talking about God Himself. I will continue to follow Jesus, you are free to follow “Mr. Anderson” if that is who you wish. I hope your “Mr. Anderson” grants you eternal life…

              March 21, 2017
      4. jaageet

        The Bible is for folks who don’t take God for granted. God help those who help themselves. This means no entitlement programs; no affirmative action. Get up and walk. Which part of this don’t you understand? If you are black or brown or LGBTQIA and feel you should be treated as equal as whites, then get the fuck up and walk like a white man! Will, are you a latino? Are you a fucking immigrant from a fucked up place? Are you born with genitals that don’t look right? If so, then spit it out. I am an American and can accept you as part of our great country. Just don’t diminish us with your foreign values. Be an American. Be like me. Just don’t make me be like you.

        March 18, 2017
        1. willsblog

          Really? I thought God gave the Bible for all mankind, guess He didn’t talk to you first. Where is the scriptural passage that says that God helps those who help themselves or is that another one of your suppositions? You may be an “American” but, I am a Christ Follower FIRST and an American second. “Be like you”? No way, God doesn’t want us to spread hate and violence.

          March 18, 2017
          1. jaageet

            God gave the Bible to Christians. It’s the liberal globalist Christians like you who want to give it and your goddam love to all mankind. Look, the animals in the forest are all doing fine and far better off than you. Keep your love to yourself and leave them be. What I don’t do to others, I don’t want them to do to me. America was founded by Christians whose social values had shaped the way of life in the US. I don’t expect the bear to live like a church-going American but it had better watch where its going and don’t demand the right to pray five times a day on a freeway. Must I hug a grizzly like you would to prove to you that I don’t spread hate?

            March 18, 2017
            1. willsblog

              I’m a “globalist”? So apparently you have redefined “globalist” to suit yourself rather than what it actually means. I’ve never been a globalist, never been a Liberal, never been a Democrat and would rather die than be any of those so I guess in your little world you are god and can make things however you want…

              March 19, 2017
          2. jaageet

            Yes, you are a globalist when you declare that you are a Christ-follower first and an American second. By doing so, you have pledged allegiance to a religious ideology that cuts across all national borders. Globalism is a corrupted form of Christianity practiced by sanctimonius, white American liberals (aka snowflakes) hell-bent on wrecking the country with their do-good sanctuaries for illegals.

            March 19, 2017
            1. willsblog

              Lol, you can twist the truth and even lie about it if that soothes your conscience. I will continue to follow God NOT a “religious ideology”.

              March 19, 2017
          3. jaageet

            Watch what you are following. Every nutjob who blows himself up is also following God. What you crazies have in common is a screwed-up mind that cannot track out cool and objective reasoning. Reliance on faith alone is fanaticism driven by fear. Jesus was not afraid and debated with the Devil in the desert till Satan gave up. Intelligence is a mark of the Holy Spirit.

            March 19, 2017
            1. willsblog

              I think that YOU should watch what and who you are following. Reliance on self, your “intelligence” and your “objective reasoning” can be a mark of the Holy Spirit AND can also be a mark of the devil. Rather than call me names like “nut job”, etc. maybe you should put some of that energy into actually reading what the Lord said, what He advocates, what He commands, what He created, who His Son is and who His Son died for. Ignorance which masquerades as “intelligence” is also a mark of the devil.

              March 19, 2017
        2. SEC

          Really God helps those who hellp themselves? I can’t find that teaching in my translation of the Bible. I rather find much that God helps the poor and helpless as no man is righteous.

          March 18, 2017
          1. jaageet

            The Bible is not an instruction manual. Americans have become a nation of manual-guided duds looking for instructions for everything. The entire human race – except the top 1% – is in dire straits. Does God really help the poor and helpless or is that what your liberal priest or pastor tells you? You don’t believe that bullshit. You know that God does help those who help themselves and that’s why you buy insurance.

            March 18, 2017
            1. willsblog

              So I guess in your little world, God’s word is not used, huh? Maybe when you stand before Him you can tell Him all the things that you perceive as wrong….

              March 19, 2017