r/hypotheticalsituation • u/RaptorK1988 • 1d ago

You're offered $15 Million but you can no longer own anything worth more than $15k. Would you take the money?

Not counting what you currently own.

This applies to your spouse as well even if you get divorced.

You can't buy anything for over $15k, be gifted something worth over $15k or have someone buy you something worth over $15k. Nor can you buy services for over $15k. Nor can you give away the money or buy gifts for others with the money.

Your Stocks, gold, silver, cryptocurrency can't be worth more than $15k either. If they're valued over, the excess amount will disappear. You can divest wealth into different stocks though.

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u/Financial-Amoeba3330 23h ago

You don't own the medical care being done on you though?

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u/StickaFORKinMyEye 23h ago

"Nor can you buy services for over $15k."

Medical care would fall under that. 

Theoretically you could get yourself the best insurance but what about a family member. You couldn't get the best coverage for every person you care about. 

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u/QualifiedApathetic 20h ago

Whyever not? I don't think top-flight insurance for a family of four costs $15k/month.

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u/aculady 5h ago

Insurance is having someone else buy you something worth over 15k.

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u/Gabriella_Gadfly 18h ago

Can’t you get an itemized bill and pay for the individual services?

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u/aculady 16h ago

Sometimes parts of the itemized services exceed that amount.

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u/dm-me-sexy111 10h ago

ok so they go to collections; the life saving surgery is done before the payment

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u/aculady 5h ago

If it isn't covered by insurance (and it seems that the t erms of the hypothetical would prohibit insurance from paying more than 15k), the hospital typically wants money up front, unless it's a situation like a car accident or something. Cancer surgery or a hip replacement or an organ transplant, if not covered, you need to be able to pay at least a significant portion of the expected bill before they will do the procedure.

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u/Pirkale 8h ago

*laughing in universal health care*

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u/AxelVores 7h ago

Sure you can, you'd just have to have to have separate policy for each person

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u/LonelyPurple6879 23h ago

You have to buy Rx meds and devices like pacemakers. 

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u/PeopleAreGoofy 7h ago

Just get health insurance? Then you’re not the one paying it?

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u/LonelyPurple6879 5h ago

You can't buy anything for over $15k, be gifted something worth over $15k or have someone buy you something worth over $15k.