solution to high foreclosure rate

[lemur]

Housing foreclosures and health-care funding seem to be two major economic issues at present. Could these two issues be solved simultaneously by insurance companies taking over mortgages of properties in danger of foreclosure? This could allow the buyers to trade their equity for guaranteed health-care. Doctors and others who get paid by health-insurers could receive compensation in the form of gradual equity-transfers of properties they could choose. So, for example, doctors and other health-care providers could pick out one or more properties from the available selection and then build up equity in these in lieu of payment for services. They could then in turn negotiate an affordable rent-price or payment schedule as a source of investment income. Would this be a reasonable method of bartering non-monetary capital for health-care?

[Pangloss]

Isn't that just another way to lose your house because you have cancer?

 

Seems to me that the problem with health care in this country is cost, not collection methods.

[lemur]

Isn't that just another way to lose your house because you have cancer?

 

Seems to me that the problem with health care in this country is cost, not collection methods.

That's the same problem with real-estate/housing, though. All this would do would fix the cost of one in terms of the other. Currently if you have cancer you can lose your house paying for treatment but then also lose treatment because you can no longer borrow money against your house after you lose it.