The sooner you die, the better! From the fine people who brought you The Credit Default Swap and The Recession, comes Life Insurance Securitization. Sound exciting? It is! This new scheme makes it not only cheaper to let you die of a dread disease like our current healthcare systems, it makes not finding a cure much more profitable.

Basically if you have a deadly disease, like AIDS, etc, your life insurance policy can be bundled together and traded on the secondary market, with the benefits going not to heirs of the deceased but rather to hedge funds and traders. TAX FREE.

I know this sounds boring as shit, but read this tidbit from metafilter and The New York Times. We could be seriously fucked.

Who’s Running the Death Panels Now?