Grand Lodge of Texas and Insurance

Discussion in 'The Refreshment Lounge' started by Blake Bowden, Nov 7, 2009.

  1. Blake Bowden

    Blake Bowden Administrator Staff Member

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  2. rhitland

    rhitland Founding Member Premium Member

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    because we are all practially half dead being that our average age is 70+. :001_rolleyes:
    Would certianly be nice though.
     
  3. JBD

    JBD Premium Member

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    Rhit, go check my brother, I think you saw it wrong. In actuality the glass is half FULL
    It may be 70, but it is dropping in both 148 and 1183 that I know of. 1183 it is in the high 50's
     
  4. rhitland

    rhitland Founding Member Premium Member

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    This is a graph Brother Berry made with the membership stats of 148 pretty intresting.
    We have 180 members and 17 are 40 and under pretty scary but as Brother JBD said it is growing because that number was at around 8 or 10 2 years ago. I am not saying new guys are not coming in it is just old guys are falling off faster than we can bring new ones in and no insuarance company I know of would insure a whole village of old men for any reasonable price.
     

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    Last edited: Nov 7, 2009
  5. Nate Riley

    Nate Riley Premium Member

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    My guess it that the SR has made an agreement with the insurance companies to provide a discount to the members, in return the SR encourages its members to buy the insurance. Its a business move. So, yes the GLOT probably could do, but there may be some issues or rules that prevent the GL from doing it.
     
  6. owls84

    owls84 Moderator Premium Member

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    Our tax code speaks of limitations and areas of insurance. I haven't really gone into it much but you can take a look.

    http://www.irs.gov/pub/irs-tege/eotopicf04.pdf

    This did get me in a little trouble when I asked why GL Officers keep calling us charitable org. and "non-profit" when we are not either.
     
  7. owls84

    owls84 Moderator Premium Member

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    Oh here is why, page 13 of the document above.

     
  8. owls84

    owls84 Moderator Premium Member

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    I just crunched the numbers and Rhit is correct our average age is 70 and naturally with the older members dying off the average is dropping but when 75% of your membership is over 60 and 50% over 70 that could mean membership numbers are going to drop. That is for a different thread though.
     
  9. Bill Lins

    Bill Lins Moderating Staff Staff Member

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    Didn't someone make a movie about this? I think it was called "No Coverage for Old Men". :lol:
     

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