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(18,585 posts)

4. Those stinky half-assed plans are free money to the insurance companies.

Fri Nov 15, 2013, 08:26 AM

Nov 2013

Premiums roll in, but they damn near never pay out (by design).

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Sometimes you can't believe everything you read [View all] boston bean Nov 2013 OP

Well, I agree that the insurance companies SHOULD take the blame. Laelth Nov 2013 #1

At the least politically, he argument will and can be made boston bean Nov 2013 #2

Ah they make more money with higher premium plans with high deductibles. boston bean Nov 2013 #5

But not as high a margin, and not with as little overhead. X_Digger Nov 2013 #6

You might as well be talking to the wall Fumesucker Nov 2013 #10

What do you think the deductibles in the crap plans are like? X_Digger Nov 2013 #11

The key aspect is that the cheapo plans require large volume. JoePhilly Nov 2013 #9