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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: steve from ihub who wrote (28831)	3/18/2005 5:40:04 AM
From: Wyätt Gwyön	Read Replies (4) \| Respond to of 110194

i've always paid for my own health insurance since i became financially independent. one of the things that's a pain in the ass is that the insurers sometimes start jacking the rates really rapidly. (i guess they do this because of financial difficulties, but i'm not sure.) this happened to me a few years ago and i switched insurers. then it happened again so i had to switch again, to an ehealthinsurance plan. one of my concerns about this type of situation is that if you ever have a bad condition that needs coverage, it might be hard to switch. so, probably when the insurers jack rates, they drive away the healthy patients and get stuck with the expensive ones. i don't see how this will improve their profitability.