On Thu, 19 Oct 2000, Riad S. Wahby wrote:
Still not the insurance company's fault. They're not there to save my sorry, genetically defective ass, they're there to make money.
Which speaks right into the socialist cause - we thus need an instance to take care of the many genetically defective asses out there, without concern for money.
Right. And if they're forced to insure people who are money sinks for them, everyone's rates go up, because the total amount of risk the insurance company takes (expressed as the amount of money they pay out as claims) plus their profit must equal the amount of money they make on premiums.
OK. So how about preventative care? It might well be that by insuring everyone and keeping them in health, the total risk per dollars paid for coverage actually goes down. Especially if infectious diseases can be kept in check. Plus, the sum total of money paid by the insurees goes up as they stay healthier for longer, thus giving more money for the insurance company to invest into more profitable ventures. This is what governments do now. Sampo Syreeni <decoy@iki.fi>, aka decoy, student/math/Helsinki university