from a political perspective, I dont have a problem voting for a Mormon like Mitt.

[alanmolstad]

Originally Posted by BigJulie

Nothing is ever free. Who is going to pick up the tab on this?

perhaps I could have made this more clear...

Under the legacy healthcare insurance plan, the mom will never have to pay for the first 4,5 or 6 years of their child's insurance coverage.

But this amount is recorded, and it is credited to the child.
this means that when the child is old enough to decide to cancel theiur own insurance, that the total bills for their own first 5 years of coverage would now come due.

In every-day terms, what Legacy insurance means, is that you only have to pay for the first 5 years of your coverage if you stop paying your monthy fees.

it does not matter for what reason you stop paying your insurance fees...be it because you dont want to have insurance anymore, or you die.

at that moment that you stop paying your month insurance fee you then owe your bill for the first 5 years.

if you decided to just stop having insurance?
fine, that's your right...
the terms of the contract your mom signed on your behalf are thereby fulfilled, and you now just have to pay off the bills for the first 5 years....(might be about $20,000.00 so good luck with that)


But what if you die?
Your monthly insurance fee also has within it a life insurance coverage payable to the company at your death, so they get paid back for covering you for your first 5 years..

So everyone ends up happy.

No one is forced to carry insurance.