X-Message-Number: 11711 From: Date: Sun, 9 May 1999 14:03:33 EDT Subject: flexibility in cryonics organizations Another word about flexibility in cryonics organizations: Most of the organizations are trying to increase their flexibility and the range of choices of their members. American Cryonics Society (ACS) and CryoCare offer "unbundled" services, using subcontractors for the physical work (although ACS may also do initial preparation directly). Alcor currently offers vertical integration only, but is working toward use of a separate corporation, BioTransport, for initial preparation, with the intention that BioTransport will also offer contracts to other cryonics organizations. Trans Time (TT) offers whatever services a customer wants, with BioTime technology available for initial preparation. Cryonics Institute, in my opinion, has the greatest degree of flexibility, both now and contemplated. Most members choose CI for full service--vertical integration--but there are plenty of other choices. We currently have explicit agreements with ACS and TT, whereby a CI member may choose joint membership with ACS and shared responsibility as specified in the contracts, and a CI member may choose initial preparation at TT followed by storage at CI. But explicit agreements with other organizations are not essential in most cases. If a CI member signs a standard contract, which says that CI responsibility begins when the patient is delivered to CI, then the member can easily enough make a separate agreement with someone else for initial preparation, if he wants that for either geographical considerations or some other reason. If the patient is perfused somewhere else and shipped to CI in dry ice, we are not going to thaw him out and reperfuse him, even in the absence of specific instructions; we will just cool him down to liquid nitrogen temperature and store him. Alcor in the past, as I understand it, has not been willing to allow either preparation at Alcor followed by storage elsewhere, or preparation elsewhere followed by storage at Alcor. They cite legal liability questions. I have already mentioned the possible future use of BioTransport. Whether Alcor will in that event also continue its own direct preparation option is unclear. But if Alcor does continue its own preparation option, or if BioTransport never gels, I don't see any very strong reason why Alcor should not offer preparation-only services; and if it ever does, that will be another option for CI members. CI flexibility--and greater future flexibility--extends to other areas also. For example, in the past there has been a very limited range of acceptable funding mechanisms. Life insurance has been the main one; another is a bank account with the cryonics organization as successor upon death of the member; prepayment also has certain advantages both to the member and CI. CI also has available an approved form of Living Trust, by means of which many kinds of assets can be pledged. We also now offer to accept a pledge of real estate upon death of the member, subject to individual negotiation and with a higher minimum; this is especially useful for older members who may not be eligible for life insurance and have no other sufficient assets. In the future, we may even accept payment through a bequest; this has been ruled out in the past (as the main funding mechanism) because of the delays and uncertainties of probate; but as our financial strength grows it will become reasonable to take carefully calculated risks in exchange for funding at a higher level. Finally, the old refrain: Don't be like the donkey that starved to death between two piles of hay. Make a choice without excessive delay. Flip a coin, if you have to. Any choice is better than none. I think all of the current organizations will survive, and that they are run by responsible people. If you change your mind later, no big deal--nobody demands serious money up front. (Well, there are always some with extremely limited cash available, but we can accommodate most of those too; our Option Two membership requires only $120 cash up front as the first year's non-voting membership fee, or $35 quarterly.) Robert Ettinger Cryonics Institute Immortalist Society http://www.cryonics.org Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=11711