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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (35989)4/20/2014 4:07:34 PM
From: TopCat1 Recommendation

Recommended By
greatplains_guy

  Read Replies (2) | Respond to of 42652
 
The insurance company is always the "winner," stupid. If they weren't, they wouldn't be in business.



To: J_F_Shepard who wrote (35989)4/20/2014 5:34:56 PM
From: i-node  Respond to of 42652
 
>> we all know what insurance is...

It appears that "we" don't ALL know what insurance is...



To: J_F_Shepard who wrote (35989)4/20/2014 6:56:17 PM
From: Lane3  Read Replies (1) | Respond to of 42652
 
With a high deductible the insurance company is likely to be the winner,....

Once again, as I just explained, you have it backwards. Money you pay in added premiums is a sunk cost. The only way you benefit is if you have lots of claims. But you only benefit short term because, if you have lots of claims, they up your premium in anticipation of more and more claims. If you were to win that game, it would be a fluke. Not a smart play.



To: J_F_Shepard who wrote (35989)4/20/2014 7:50:22 PM
From: i-node  Respond to of 42652
 
>> With a high deductible the insurance company is likely to be the winner,....

OMG. You honestly don't know how this works, do you?

For the insurance company it is not a gamble. There is no winning or losing. The insurance company always "wins". Because they're taking a cut off the top.