I agree. For something this important, I think a lot of people are willing to pay to support the costs involved in keeping Alcor going. I'd love to have it be $100/year and $10,000 in insurance - you'd get a lot of people to sign up, but the costs don't seem to be there yet and it would quickly fail. If the costs were available at that price point, I presume someone would start a competing company to offer it.
Some people can't afford it and go elsewhere because they want to "buy the lottery ticket" and can only afford so much. Personally, if I couldn't afford it, I'd earn the extra money on cashcrate, fiverr, elance, or any number of web sites out there that let you earn a few bucks a day doing something that you are good at or interested in, while taking a minimal amount of time. Or get a job at McDonalds for a few weeks a year. For me, that chance that is possible here is better than the 0% chance of doing nothing. I'm willing to spend some time to give it a shot.
And that is a good point about Alcor being transparent and sometimes that helps, and sometimes it doesn't. As has been said, Alcor has some fixed costs and without something to pay them, it will not survive. The open books lets everyone see the costs involved which leads to lots of second guessing as is natural.
All the best to you all.
TDK wrote:It also comes down to the fact that Alcor is still a business.
So is CI. They might be non-profit, but they are still just businesses offering services.
If you buy a Honda every 5 years, and pay $20,000, and they
raise their prices to $30,000, you can choose to pay the increase, or
you can buy a Kia or a Chevy, or some other brand. In those cases,
you don't even get to know why prices went up. Maybe it was poor
management, union problems, increase in parts prices, etc.
But you still have to evaluate the products that are available,
and make the best choice for you, based on your own finances.
Maybe Alcor wants to the the *premium* service, and charge
$10,000 per year membership fees. You just have to decide
if you are willing to pay that much more for the premium
service, or if you want to go with another provider.
They are aware of the problems with their business structure.
They are aware that members are not happy with the fee increases.
They are aware that they may lose some members due to that.
I actually think that the bigger problem is not losing members,
but people who are interested, not signing up with Alcor because
the yearly dues are too high. I know if I was shopping from scratch,
and didn't have a history with Alcor, and wasn't already signed up,
I would probably go with CI, just because the cost is much more
I really think some of Alcor's transparency, while very honest,
and very helpful, has made people get very angry about things,
that in many other businesses, you would never be privy to.