Frequently Asked QuestionsPage 5 - Financial Questions
Q: Why does cryonics cost so much? A: Contrary to the stereotype of just plopping people into liquid nitrogen, cryonics as practiced by Alcor is a highly complex procedure involving many people, expensive medical supplies, chemicals, and substantial long-term costs. The initial cryopreservation process itself costs Alcor tens of thousands of dollars. Remaining funds are allocated to the Patient Care Trust to fund long-term care. Alcor also budgets more conservatively for long-term care than other organizations, resulting in higher minimum funding requirements. For more information, read The Cost of Cryonics and the page about the Patient Care Trust. | top |
Q: Is cryonics only for the rich? A: Despite the high cost of cryonics, the belief that cryonics is only for the rich is a myth. The cost of cryonics is similar to other complex medical procedures in wide use today, and like these procedures, cryonics is affordable by nearly everyone through insurance. The key, however, is having life insurance or other financial arrangements in place in advance of need. Most people could not afford heart surgery if suddenly faced with having to pay the full cost in cash. Cryonics is no different. The large sums required at the time of these procedures can be made affordable if appropriate steps are taken while one is still healthy. | top |
Q: Why can't Alcor just bill for the service like a hospital does? A: Alcor is still a small organization, and cryopreservations are very costly. Alcor cannot afford to carry six-figure accounts receivable. Life insurance is a more secure (for Alcor) and convenient (for members) form of funding that Alcor can closely monitor. | top |
Q: How will the cost of resuscitation be met? A: While the technical magnitude of the problem of treating cryonics patients is enormous by today's standards, the future costs in terms of human effort and resource expenditure will probably be modest. Nanotechnology will be developed (and is being developed) to build better computers and waste-free industrial processes. Cell and tissue repair technology will be developed for medicine and agriculture. A day will come when configuring existing programmable cell repair devices for the specific problems of cryonics patients will probably require only moderate effort. The efforts required to ensure today's patients reach that day will be greater by far, and they represent the true challenge of cryonics. While this may sound like a too-casual dismissal, there is much historical precedent. Take the issue of how much the typical $3 LCD semiconductor wristwatch would have cost in 1965. Even the best mechanical chronometers ever made cannot match a cheap semiconductor watch for precision, lightness, or dependability. No matter how much money a person had in 1965, it would have been impossible to have purchased a cheap "disposable" semiconductor timepiece. | top | | next page | |
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