4 ms·
If I don't want to be insured for own personal bodily injury, why should I be forced to buy that product in a free market? What if the premium simply isn't cost
by cmdrfred 10y ago
If I don't want to be insured for own personal bodily injury, why should I be forced to buy that product in a free market? What if the premium simply isn't cost effective? By forcing anyone to buy a product you are creating a captive market and thus insane prices. Especially when the businesses involved are explicitly allowed to collude[0]. Sounds like a bad deal for everyone but the insurance companies.
[0]https://en.wikipedia.org/wiki/McCarran%E2%80%93Ferguson_Act https://en.wikipedia.org/wiki/McCarran%E2%80%93Ferguson_Act
- dsfyu404ed 10y agoMy intention was to point out that if the medical side of things was a non-issue it would be much easier for society to get behind the idea of "just insure your own property however much you want"