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Incentives are different. Life insurance companies have an incentive for you to not die. Health insurance companies have an incentive for you to not live (e.g
by amorphid 8y ago
Incentives are different. Life insurance companies have an incentive for you to not die. Health insurance companies have an incentive for you to not live (e.g. you don't that organ $$$$$$ transplant you need to live).
Health insurance is cheaper when more people are in it, not fewer. If you start offering discounts to the healthiest people, it gets more expensive for unhealthy people. So let's say the sickest people no longer have insurance. Now there's a new group of unhealthy people in the insurance pool. So you raise prices for them, and they get kicked out, too. Eventually you get to the point where insurance is not useful, because nobody needs it at all, as the insured people don't get sick. Until they do get sick, at which point they get kicked off the insurance plan. Health insurance that doesn't insure is basically fraud.
If you want to drive down the health related costs of healthcare, reduce the things that make people sick.
- sDlEzAtyoNAz 8y ago>So you raise prices for them, and they get kicked out, too. They only get kicked out if no one will offer them prices that they can afford and that they want to pay for. Why do you expect that would happen? >Until they do get sick, at which point they get kicked off the insurance plan. It seems like that would be solved by treating health insurance like term life insurance as the person you're replying to suggested.
- amorphid 8y agoWhen you get older & sicker, I'm guessing you'll feel differently. It's all fun & games until you can't afford a basic prescription.
- sDlEzAtyoNAz 8y agoWhat do you think I said that I will feel differently about when I'm older and sicker? You made a bunch of claims about the nature of the health insurance market, and I pointed out that your claims were bogus. What feelings are involved there?
- amorphid 8y agoI used to sell life and health insurance. I saw how the underwriters made decisions on things. I simply think you have no idea what you're talking about, and I'm sticking a fork in this thread.
- sDlEzAtyoNAz 8y agoIf I do indeed have no idea what I'm talking about, you have done nothing to change that.