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And if the insurance companies are limited to a % of paid claims... then they are incentivised to increase the payout and/or # kidnappings. That's a recipe for
by kurthr 8y ago
And if the insurance companies are limited to a % of paid claims... then they are incentivised to increase the payout and/or # kidnappings. That's a recipe for disaster just like the medical market.
- underwater 8y agoThe insurers have been paid in advance. They pay the ransom from their coffers, so are incentivised to reduce the cost as well as keep customers (not fuck to the recovery).
- matte_black 8y agoBut then interests aren’t aligned. What if the insurance company denies your claim?