pbrower2a
Atlas Star
Posts: 26,914
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« on: November 08, 2013, 10:42:54 PM » |
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Rip-off insurance policies don't pass muster.
It is not enough for people to pay $10 a week and get an insurance policy with a million-dollar deductible with exclusions that make practically certain that one will never get covered for anything and have that considered insurance in compliance with any mandate to have health insurance or pay a fine. The purpose of Obamacare is not to get people to buy worthless 'insurance'.
High-deductible policies are good for people who have high incomes and huge volumes of liquid assets. Few people have either, let alone the combination.
Insurance companies that exist first for profits of shareholders or for the enrichment of bureaucratic elites can't be put out of business lest they be bought out at favorable terms to those who own and manage them. We have Medicare because the insurance companies don;t want customers over 65.
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