| The Reformation of Health Care |
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| Written by Tomas McFie |
| Wednesday, 13 January 2010 16:19 |
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And how you can show Profit!
And how you can show Profit! Like it or not Health Care Reform is a reality. Regardless of which side of the political spectrum your sympathies lay, things do not look pretty. Of course it does not have to be that way, so let us change from focusing on what we cannot control, to focusing on the things that we can control, i.e., your financial future, securing the care that you and your family deserve. Did you know that the beneficiary of health insurance policies is not the owner? Furthermore, it never will be. Health insurance can be traced back to the great depression when the hospitals sought out the insurance companies to see if the insurance companies could help stabilize their fluctuating income. Thereby, doctors, dentists, hospitals and other health care providers became the beneficiaries of health insurance policies. It does not take a history buff to realize this fact. Just try using your health insurance a lot and find out what happens. Nevertheless, there is a certain type of insurance that you can make perform more efficiently by using it a lot. With this certain type of insurance, the premium remains the same throughout the contract at the amount you get to pick. This kind of insurance that I am defining, will allow you to become your own banker. You can do this by utilizing the cash values in the policy, the icing on the cake is, that the money you have paid in premiums continues to earn guaranteed interest while you have the cash values borrowed for your personal use. To top this all, the policy get better and better the more you use the cash values. So if Health Care Reform has got you concerned, consider the following: Perhaps you could change to a health care policy with a high deductible, and reduce your premiums Then pay the difference to a whole life insurance policy that will pay you interest on your premiums and will allow you to use the cash values and watch your dividends grow tax free. This simple money switch will put you in the driver seat. By taking charge and "Becoming Your Own Banker" You will win big! Remember, the more you use the cash values of your life insurance, the better off you are. By the way, and just because, with a properly structured policy. If you become disabled, the premium payment is automatically met by the company and the rise in the cash values will not cease. Now the need for high premium disability insurance disappears. The bottom line is this: When you utilize the "Infinite Banking Concept," you will win! No gimmicks, no MLM, and no scheme finally, a time-tested plan that truly works. Walt and Ruthann DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Tom McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker |