lostlakehiker
Fri, Sep 17, 2010 11:39:52am

“It is ridiculous to insist that insurance companies must sell coverage to persons who are already sick, at the same price a person who presents an ordinary risk.”

Concur.

Most insurance companies do not insure health they are asset insurance companies there to stop most folks from losing everything paying for catastrophic illnesses/accidents. I am glad I paid for mine when my wife needed life saving surgery. The near $100,000 medical bills cost me some co-pays but saved my nest egg from serious damage.

Obdicut the obvious is that someone came up with the innovation of private insurance years ago before there was no public form of health insurance. HMO’s would be another like them or not.