Internet weighs in on insurer seeking out
By Monica Yant Kinney
Inquirer Columnist
1-29-06
Some columns you just know will
catch fire. Clay Aiken is mean? A whale surfing the Delaware?
Tomatoes - technically, fruit - as the state vegetable? People
eat this stuff up.
That said, I was not expecting
the international reaction to last Sunday's piece about M.
Smith, an AIDS patient who fought off the grim reaper, only to
feel the wrath of a company hoping to profit from her death.
It began Monday morning with
Smith's lawyers getting calls from national and Canadian media
intrigued by the saga of Smith, the Texas-based company Life
Partners Inc. and the morbid, but normally lucrative, industry
of buying life insurance policies of the terminally ill for a
song, then cashing in when the seller checks out.
It continued with tens of
thousands of people reading the column online, e-mailing it to
friends, and posting it on sites like
www.fark.com
and
www.pandagon.net
- where citizen scribes penned unprintable
diatribes of disgust.
Smith, you might recall, was
diagnosed with both AIDS and cancer in the early 1990s. Talk
about a death sentence: Her doctor gave her two years to live.
In 1994, she sold her $150,000
life insurance policy for $90,000 hoping to spend her last
months in the comfort of her own home.
Had Smith died on time, LPI
would have made $60,000 - a whopping 66 percent return on the
investment.
It seemed like a sure thing as
long as Smith died on schedule.
But live she did, thanks to the
revolution in AIDS treatment.
And because of the terms of the
contract, LPI has spent the last 12 years paying her health and
life insurance premiums - to the tune of $100,000.
Now, having put more money into
helping to keep Smith alive than it could ever collect when she
dies, LPI wants out of the deal.
By Monday, the column had
received more than 45,000 hits online - astonishing for a piece
that had nothing to do with Brangelina or T.O.
Many of the most outraged saw
the story on
www.fark.com,
a site that allows readers to view news of the weird and tee off
at will.
Much of what the farkers
had to say about LPI's approach to being Smith's "life partner"
was unprintable, but I found a few posts that summed up their
four-letter fury.
"If I were in her place, I'd
eat their children," huffed someone calling him/herself
kitabel.
"This company deserves to go
six feet under," wrote E.S.Q.
Perhaps noticing that Smith's
lawsuit was filed in New Jersey, elpepe55 offered a
gambling analogy:
"It's like a casino refusing to
pay off a winning roulette bet even though they have a huge edge
on the game."
The folks at
www.pandagon.net
filed Smith's story in the aptly titled "Boggles the Mind"
category.
Now, having put
more money into helping to keep Smith alive than it could ever
collect when she dies, LPI wants out of the deal.
By Monday, the column had
received more than 45,000 hits online - astonishing for a piece
that had nothing to do with Brangelina or T.O.
Many of the most outraged saw
the story on
www.fark.com,
a site that allows readers to view news of the weird and tee off
at will.
Much of what the farkers
had to say about LPI's approach to being Smith's "life partner"
was unprintable, but I found a few posts that summed up their
four-letter fury.
"If I were in her place, I'd
eat their children," huffed someone calling him/herself
kitabel.
"This company deserves to go
six feet under," wrote E.S.Q.
Perhaps noticing that Smith's
lawsuit was filed in New Jersey, elpepe55 offered a
gambling analogy:
"It's like a casino refusing to
pay off a winning roulette bet even though they have a huge edge
on the game."
The folks at
www.pandagon.net
filed Smith's story in the aptly titled "Boggles the Mind"
category.
"I hope she lives to be 100,"
wrote j swift, adding hope that the "Karma Shark" takes
appropriate action.
A reader dubbed piny was
especially disgusted by the mysterious phone calls Smith has
received from a man asking about her health and claiming to
represent anxious investors.
"Still healthy, huh?" piny
mocked. "I bet those protease-inhibitor cocktails are really
helping, huh? You know, THOSE DON'T EXACTLY COME CHEAP!"
Let
round two begin
LPI wants the lawsuit dismissed
on the grounds that it has not actually stopped paying Smith's
insurance, despite threats and several close calls.
Smith's lawyer, Jacob Cohn,
filed a scathing response last week in which he asks the court
to force LPI to pay the next premium - $26,000, due in February
- just to be safe.
Not doing so, Cohn wrote,
"threatens Smith with the most irreparable sort of harm:
sickness and death." And, lest anyone forget, LPI has a
financial interest in "hastening Smith's demise."
Smith, an intensely private
woman, says she's surprised by the outcry.
"My case is such an anomaly,"
she told me. "I never thought it would be interesting to other
people."
And, strangely, the terminally
ill woman has found comfort knowing that so many strangers are
feeling her pain.
Contact Monica Yant Kinney
at 856-779-3914 or
myant@phillynews.com.
Read her recent work at
http://go.philly.com/yantkinney.
AIDS Law Project of Pennsylvania 1211 Chestnut Street, Suite 600 •
Philadelphia, PA 19107
Phone:
(215) 587-9377 • Fax: (215)
587-9902
Intake Hours: 9:30
am-1:00 pm
Se Habla Español
Contact Us
|