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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (160317)10/26/2008 6:19:34 PM
From: neolibRead Replies (2) | Respond to of 306849
 
ROTFLMAO! What the heck do you think insurance is meant to be? It is precisely for those who statistically are unlikely to be hit with the expense they are insuring for. If the expense is statistically very likely, only a fool buys insurance, as the overhead costs you money.

Your comment is a classic on why the whole discussion about insurance in America is hopeless: The average American does not have a clue.

Most don't need health insurance.



To: SGJ who wrote (160317)10/26/2008 6:44:06 PM
From: Paul KernRead Replies (1) | Respond to of 306849
 
I can think of one large population group to get screwed in this scenario: men under 30. Most don't need health insurance. They are going to just have to get it under a socialist health care plan.

1) One day, with some luck, they will be over 30 -- even you if you're in that group. And, then over 40 and so on.

2) The whole point to insurance is to have a huge pool and spread the risk.



To: SGJ who wrote (160317)10/26/2008 7:18:07 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"I can think of one large population group to get screwed in this scenario: men under 30. Most don't need health insurance. They are going to just have to get it under a socialist health care plan."

Just so. It takes a village.