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re: Rush on pre-existing ...it's not insurance, it's welfare

Posted on 2/27/20 at 12:00 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57160 posts
Posted on 2/27/20 at 12:00 pm to
quote:

In the case of a PEC, there is no risk to evaluate. The condition is a guarantee, by definition. So, requiring coverage of PECs is a windfall to those with PECs.
Correct. And a collective expense (not an underwriting) to the other members of the group.

These tards don't understand you can insure a very unlikely risk with only a small amount of assets. But in the collectivist model you need 100% coverage of the risk x every PEC individual. It takes exponentially more underwriting assets.
Posted by roadGator
Member since Feb 2009
140155 posts
Posted on 2/27/20 at 12:02 pm to
But tranny boy is an actuary
Posted by Zach
Gizmonic Institute
Member since May 2005
112446 posts
Posted on 2/27/20 at 12:22 pm to
Damn. I started this thread in April. I have fond recollections of those days when I was a younger man.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 2/27/20 at 1:01 pm to
quote:

Not a fan of the ACA but there has to be some middle ground somewhere.


Then you should pay for it.

People with pre-existing conditions want their cake and eat it too.

1. They want to force an insurance company to cover them.
2. They also don't want to pay the full cost and expect taxpayers to help pay for it.

You should reach in your pocket and help them , but keep your hand out of others pockets.
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