re: #234 Targetpractice

The mandate came as the bitter pill the administration and Congressional Democrats had to swallow to get insurance companies to agree to ending pre-conditions, allowing people to stay on their parent’s insurance until 26, and other goodies. Without the mandate, the cost to the insurance companies for those goodies becomes unsustainable.

As I understand actuarial science, insurance would be bankrupt if they couldn’t eliminate or surcharge certain risk.

That the whole concept of insurance.

I’ve worked in the field, although I mostly worked with Life Insurance —admin, clerical stuff. Some Property and Casualty.

WE don’t want risk management, we want the bills paid and that is not, fundamentally, what insurance is.

And as people don’t/won’t take care of themselves and won’t sign living wills etc, the costs are uncontrollable. Benefits will have to be cut or premiums will increase.

Everyone can’t be happy with this issue. It’s just not how nature works.