Does a liberal have the IQ to understand how Republican capitalist health care.....

[EdwardBaiamonte]

Yes, I do. Do you understand that insurance companies don't make money from sick customers?

dear, if no one got sick there would be no insurance companies!!!! Can't you ask your Mom about these basics?????

what does that even mean?

he's right...
:

he said insurance companies cant make money from sick people apparently without knowing that without sick people insurance companies would not make a penny!!

Talking to liberals is exactly like talking to children!!

 

[dblack]

dear, if no one got sick there would be no insurance companies!!!! Can't you ask your Mom about these basics?????

what does that even mean?

he's right...
:

he said insurance companies cant make money from sick people apparently without knowing that without sick people insurance companies would not make a penny!!

Talking to liberals is exactly like talking to children!!

Slow down. Take a breath and think. Insurance companies make money from healthy people who are afraid they might get sick and not be able to pay for it. They make money when customers don't, in fact, get sick. They lose money when they do.

Insurance companies have exactly no reason to 'sell' insurance to a person who is already sick - unless of course they exclude whatever sickness they currently have from the coverage.

The fact is, insurance is not an answer for someone who is already sick. It's like you're simply disagreeing with this statement because a liberal posted it. But that's silly. Sometimes even liberals say something that is true and correct. Though it's usually an accident.

 

[EdwardBaiamonte]

The fact is, insurance is not an answer for someone who is already sick.

IF I said it was I'll pay you $10,000. Bet or run away with your strawman between your legs!!

 

[EdwardBaiamonte]

Insurance companies have exactly no reason to 'sell' insurance to a person who is already sick - unless of course they exclude whatever sickness they currently have from the coverage.

too stupid. you created a strawman and then beat it up badly didn't you????

A liberal will do that when he lacks the IQ to know what the subject is or when he can't respond intelligently to the subject!!

 

[expatriate]

Insurance companies have exactly no reason to 'sell' insurance to a person who is already sick - unless of course they exclude whatever sickness they currently have from the coverage.

too stupid. you created a strawman and then beat it up badly didn't you????

A liberal will do that when he lacks the IQ to know what the subject is or when he can't respond intelligently to the subject!!

again...your idea that insurance companies want to sell to sick people is absolutely ridiculous. They WANT to sell insurance policies where really healthy people pay premiums forever and NEVER get sick. They do NOT want to sell insurance policies to chronically sick people because the cost of the care they cover by their insurance will far outweigh the money they get in premiums. ANd if they jack their premiums up to an exorbitant, profitable level, the sick people will quickly realize that they can self-insure for the same amount of money and cut out the middle man.

Did you ever take Econ 101 or are you really a pimply faced teenager posting away from the cave down in your mommy's basement?

 

[expatriate]

I wonder if Edward also believes that insurance companies really want to seek out and sell car insurance to folks who get into lots of car accidents?

 

[dblack]

I wonder if Edward also believes that insurance companies really want to seek out and sell car insurance to folks who get into lots of car accidents?

Their best customers!

 

[EdwardBaiamonte]

again...your idea that insurance companies want to sell to sick people is absolutely ridiculous.

In business we want to sell to anyone as long as liberals don't make it illegal for us to recover our costs and make a profit. If someone is 50 he is a lot sicker than someone who is 20 but we could care less as long as the liberal will allow capitalism to occur!!

Isn't thinking fun??

 

[expatriate]

again...your idea that insurance companies want to sell to sick people is absolutely ridiculous.

In business we want to sell to anyone as long as liberals don't make it illegal for us to recover our costs and make a profit. If someone is 50 he is a lot sicker than someone who is 20 but we could care less as long as the liberal will allow capitalism to occur!!

Isn't thinking fun??

again... if you sell to the sickest people in society, the insurance premium will need to be so high that any person who can think will realize that self insuring is more cost effective. Having spent twenty years married to a State Farm Insurance agent, I can tell you that the best customers they have are NOT the ones who have accidents, but the ones who don't. WHich is why they spend so much time with "good driver discounts" trying to attract those who never have accidents.

YOu really know a very little bit about this subject area and it shows.

 

[EdwardBaiamonte]

again... if you sell to the sickest people in society, the insurance premium will need to be so high that any person who can think will realize that self insuring is more cost effective.

so?? that's fine; who would object to someone not wanting to buy something in a free society????????????

 

[expatriate]

again... if you sell to the sickest people in society, the insurance premium will need to be so high that any person who can think will realize that self insuring is more cost effective.

so?? that's fine; who would object to someone not wanting to buy something in a free society????????????

no one. again.... how do insurance companies make more money off sick people than they do off healthy ones? How do insurance companies make more money off bad drivers than then do off good ones?

your understanding of risk pool economics is woefully inadequate.

 

[EdwardBaiamonte]

again... if you sell to the sickest people in society, the insurance premium will need to be so high that any person who can think will realize that self insuring is more cost effective.

so?? that's fine; who would object to someone not wanting to buy something in a free society????????????

no one. again.... how do insurance companies make more money off sick people than they do off healthy ones? How do insurance companies make more money off bad drivers than then do off good ones?

your understanding of risk pool economics is woefully inadequate.

dear, everyone gets sicker as they age but this does not mean insurance companies divide people into healthy and unhealthy and refuse to insure less healthy people. Too subtle for you??


As everyone gets richer they require a better or more expensive car, for example, but this does not mean car companies refuse to sell to them. Got it now??

 

[expatriate]

so?? that's fine; who would object to someone not wanting to buy something in a free society????????????

no one. again.... how do insurance companies make more money off sick people than they do off healthy ones? How do insurance companies make more money off bad drivers than then do off good ones?

your understanding of risk pool economics is woefully inadequate.

dear, everyone gets sicker as they age but this does not mean insurance companies divide people into healthy and unhealthy and refuse to insure less healthy people. Too subtle for you??


As everyone gets richer they require a better or more expensive car, for example, but this does not mean car companies refuse to sell to them. Got it now??

you avoid the basic issue of risk pool economics. Insurance companies, as a matter of policy, seek to insure those who are healthy, and to cull from their rolls, those who are less healthy, just as they seek to reward safe drivers and fail to renew policies for those chronically get in lots of accidents. THAT is how insurance companies make profits. They do not make money by insuring really sick people or really bad drivers. fact.

If a person with pre-existing health issues looks to buy insurance on the open market, he or she will quickly find that self insurance is the only option. Similarly, habitually poor drivers will find that normal, comprehensive policies are beyond their ability to pay or are simply not worth the cost.

and, in fact, insurance companies most definitely DO segregate people based upon their health history and driving history and DO - ALL THE FUCKING TIME - refuse to sell them insurance based upon those criteria.

Really. Do you even have the faintest idea about how insurance companies stay profitable???

 

[EdwardBaiamonte]

no one. again.... how do insurance companies make more money off sick people than they do off healthy ones? How do insurance companies make more money off bad drivers than then do off good ones?

your understanding of risk pool economics is woefully inadequate.

dear, everyone gets sicker as they age but this does not mean insurance companies divide people into healthy and unhealthy and refuse to insure less healthy people. Too subtle for you??


As everyone gets richer they require a better or more expensive car, for example, but this does not mean car companies refuse to sell to them. Got it now??

you avoid the basic issue of risk pool economics. Insurance companies, as a matter of policy, seek to insure those who are healthy, and to cull from their rolls, those who are less healthy, just as they seek to reward safe drivers and fail to renew policies for those chronically get in lots of accidents. THAT is how insurance companies make profits. They do not make money by insuring really sick people or really bad drivers. fact.

If a person with pre-existing health issues looks to buy insurance on the open market, he or she will quickly find that self insurance is the only option. Similarly, habitually poor drivers will find that normal, comprehensive policies are beyond their ability to pay or are simply not worth the cost.

and your point is????

 

[expatriate]

dear, everyone gets sicker as they age but this does not mean insurance companies divide people into healthy and unhealthy and refuse to insure less healthy people. Too subtle for you??


As everyone gets richer they require a better or more expensive car, for example, but this does not mean car companies refuse to sell to them. Got it now??

you avoid the basic issue of risk pool economics. Insurance companies, as a matter of policy, seek to insure those who are healthy, and to cull from their rolls, those who are less healthy, just as they seek to reward safe drivers and fail to renew policies for those chronically get in lots of accidents. THAT is how insurance companies make profits. They do not make money by insuring really sick people or really bad drivers. fact.

If a person with pre-existing health issues looks to buy insurance on the open market, he or she will quickly find that self insurance is the only option. Similarly, habitually poor drivers will find that normal, comprehensive policies are beyond their ability to pay or are simply not worth the cost.

and your point is????

quite simply, that you don't know what the fuck you are talking about. to suggest that insurance companies would PREFER to insure sick people, or bad drivers, is just plain stupid.

 

[EdwardBaiamonte]

to suggest that insurance companies would PREFER to insure sick people, or bad drivers, is just plain stupid.

they will sell a Rolls Royce to a rich man or an insurance policy to a sick man as long as the liberal governemnt does not prevent them from recovering their costs and making a profit!!

 

[expatriate]

to suggest that insurance companies would PREFER to insure sick people, or bad drivers, is just plain stupid.

they will sell a Rolls Royce to a rich man or an insurance policy to a sick man as long as the liberal governemnt does not prevent them from recovering their costs and making a profit!!

and a rich man can possibly afford a rolls royce, but a sick man could never afford an insurance policy if it were more cost effective for HIM to self insure, and the insurance company would NEVER sell him a policy because they could never make a profit. Again... you seem absolutely and utterly ignorant of how insurance companies actually MAKE profits... and the way they do is to sell health insurance policies to people who never get sick, but feel the need to be insured because they MIGHT get sick someday, and to sell car insurance policies to really safe drivers who never get in accidents but want to be covered in case they get hit by someone who isn't insured. MY ex-wife made millions of dollars as a State Farm agent applying those very principles.

 

[EdwardBaiamonte]

and a rich man can possibly afford a rolls royce, but a sick man could never afford an insurance policy if it were more cost effective for HIM to self insure,

so, its free country or ought to be so if someone elects to self-insure that 100% fine!!

and the insurance company would NEVER sell him a policy because they could never make a profit.

dear you make a profit by charging more than the anticipated cost. Is it really over your head??

 

[expatriate]

and a rich man can possibly afford a rolls royce, but a sick man could never afford an insurance policy if it were more cost effective for HIM to self insure,

so, its free country or ought to be so if someone elects to self-insure that 100% fine!!

and the insurance company would NEVER sell him a policy because they could never make a profit.

dear you make a profit by charging more than the anticipated cost. Is it really over your head??

you are wrong. Insurance companies make profits by spreading the risk among the risk pool and by, systematically, removing high risk clients, whenever renewal time occurs. The more they minimize the number of clients who actually HAVE medical issues while simultaneously maximizing the number of clients who DON'T, the more their profit. Just like for auto insurance... the better GOOD drivers they can garner as clients, the more their profits. THey don't want bad drivers on their car insurance rolls any more than they want sick ones on their health insurance rolls.

For you to suggest that sick clients are their BEST customers shows a level of astounding ignorance when it comes to how the insurance industry works.

Really... you should pick some other topic... arab -israeli conflict, maybe... gay marriage, maybe... a woman's right to chose, maybe.... ANYTHING but this topic because you are obviously unaware of how absolutely moronic you paint yourself to be. Trust me... when it comes to risk pool economics and the profitability of insurance companies, all you know could fit in a coffee cup and there would still be room for a hot cup of coffee.

And quit calling me "dear" you queer twit.

 

[Polk]

This works on the same principle as nineteenth century markets. No restrictions, so prices were guaranteed to be lower and lower.
Uh, but monopolies developed, cornered markets, controlled prices and gouged everyone.
How does that work again?

And even worse in the case of health care, because people are not really that sensitive to price when the alternative is dying.