HEALTHCARE SUMMIT. 2/25/19 POOR LOST DAVE, AND OF COURSE INSURANCE PROFITEERING IS OKAY AND LEGAL FOR NOW.
Best analogy I’ve ever heard was, “we don’t insure burning houses.” Which is fine. Insurance companies are in the business of turning a profit. In fact, they are not theoretically the problem other than they are exempt from Taft Hartley. They don’t have to abide by anti-monopoly law like any other company.
Here’s the problem. They can charge premiums as high as they’d like in a business atmosphere where the business is life or death. Often, even according to their own actuarial tables, the poorer people, the middle class, even the upper middle class in some cases, are sicker or more prone to sickness than others and/or they can’t afford to be without insurance. So they have to pay more and more and more. When they do get sick, insurance companies just keep jacking up the rates until they can’t afford their own care or the premiums and they are screwed. It’s happening to the best of us and it will happen to more of the best of us. Even Dave; too bad he’s buying off on what will kill him literally as well as financially, too. Many dumb asses are.
Remember, we “don’t insure burning houses.” And why should we? We’re in business to make a profit. American Way, right? Well, so is democracy the American way. And if there weren’t so many dumb fucks like Dave and the pathetic tea baggers we’d pass decent health care reform and come into life like the rest of the civilized world. After all, what is government for? Europeans don’t seem to think it’s for blowing things up needlessly, which is how America spends Dave’s big bucks. Balls, I say, balls.
