To me, it just seems WAY to easy to destroy the shitty healthcare system that we have in America. All that has to be done is form a non-profit organization that provides health insurance, but every year, returns whatever money they recieved in monthly payments back to the customers. (i.e. Instead of keeping the profits, just return the profits to the customers).
This practice would make the insurance SOOO cheap, that everybody will flock to it, leaving behind their for-profit insurance. Thus bringing non-profit healthcare to America without a single congressional vote!
Name:
Anonymous2007-07-07 14:57 ID:QtvG6x1i
Yes. Fuck yes. I've been wanting someone to do this since I started buying insurance in the 90's.
Name:
Anonymous2007-07-07 14:59 ID:UrQN/ym4
INSURANCE DOES NOT WORK THAT WAY
Name:
Anonymous2007-07-07 17:23 ID:btjht2SP
yeah that's a terrible idea. suppose they figure out that wi-fi ups your risk of cancer by 50%. or suppose the plague hits New York (it could happen). The insurance companies will need to draw on the large rainy day fund they set aside.
Name:
Anonymous2007-07-07 17:51 ID:LZs+JF4O
>>4
For me, precedent shows that in those two big disaster cases, insurance companies will try to worm out of paying up. Rainy day funds seem to be just big profit bubbles!
Name:
Anonymous2007-07-07 19:47 ID:CcpjoYM9
>>5
Making shareholders rich is more important than providing health care. What are you, a communist?
Name:
Anonymous2007-07-07 21:00 ID:myJHLVeZ
The insurance companies will need to draw on the large rainy day fund they set aside.
I suspect this is tongue-in-cheek, but if you're serious, I'll just point out a more cynical reality: declare insolvency. It wouldn't be the first time.
I think >>5 summed up the reasoning behind it nicely.