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learning from the past

March 18 2008 at 3:17 AM
charles platt  (Login cplatt)
Veteran Member


Response to Disemvoweled!

The problem here is that since cryonics is unproven, almost any idea can be proposed and may seem credible to those who have not read all the prior art (much of which is not well organized and may be hard to find). I hope Jordan will be open to advice on all the various topics.

Regarding individual accounting of patient funds, CryoCare did this, and was a for-profit company. No one ever accused it of being a scam. Alcor cannot do it because, as I understand it, there are tax-exemption issues. But if Jordan is planning a for-profit company, he can account for his patient funds in any way he wishes. He will of course have to pay income tax on funds received for cryopreservation AND storage. We attempted to get around this problem in numerous ways at the time, but failed.

It would be prudent to set aside additional money from each patient for use in case patients ever have to be relocated to a different organization. This was another SOP at CryoCare, and greatly facilitated the move of its two patients when the person who established our storage organization signalled his desire to abandon it. If we assume that Jordan may not live forever, there is no way he can be sure of the ultimate fate of any patients his organization preserves, and a contingency plan would be good.

The desire to offer low rates in cryonics is understandable but may not be wise in the long term. Insufficient patient funding was the initial problem that led to all the subsequent problems for Bob Nelson.

 
    
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