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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (21899)	10/18/2004 12:55:35 AM
From: cnyndwllr	Read Replies (1) \| Respond to of 23153

Kodiak, two things. First, did you read the study? What parts do you disagree with? Second, there are a lot of reasons why more insurance companies don't get into the business and why many insurance companies are deserting some markets and leaving less competition in their wake. Read the study. By the way, did you note that the date the article you posted said that insurance rates for medical practicioners skyrocketed was, drum roll....the year 2,000. Now wasn't that the time period that the stock market dropped dramatically and all the insurance companies stopped getting those big stock market returns on their policy dollars. Any connection? As I've said before, it's a very complicated issue and it's not much, if at all, related to frivolous or out of control lawsuits. Much more of the problem lies in barriers to entry, the clout of insurance industry lobbyists, inefficiency in the industry, and the carryover from the insurance industry's exemption from antitrust laws. Have you ever wondered how come so many doctors you know are paying huge sums for med mal coverage and rarely paying any claims. Many don't even personally know a doctor who paid any large claim. The same for attorneys. Where is the money going?