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re: Covering preexisting conditions...

Posted on 8/7/20 at 9:37 pm to
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14895 posts
Posted on 8/7/20 at 9:37 pm to
quote:

Insurance IS a scam


Only to stupid people that don’t know how it works. Everybody pays a little together it’s enough to replace the person that has a loss. If that hasn’t been you then you’re lucky.

As for health insurance, the system is a mess but you can’t allow people to just buy in when they find out they have an expensive condition...it screws up the math and costs everyone else way more.
This post was edited on 8/7/20 at 9:40 pm
Posted by themunch
There
Member since Jan 2007
67653 posts
Posted on 8/7/20 at 9:41 pm to
They increase rates for insurance company losing risked money invested by others to cover losses of the projected income for the company.
Posted by Henry Jones Jr
Member since Jun 2011
69805 posts
Posted on 8/7/20 at 9:42 pm to
quote:

Only to stupid people that don’t know how it works. Everybody pays a little together it’s enough to replace the person that has a loss
The people that say that are the same ones that think insurance companies shouldn't be for profit.
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