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The government should be in the business of fighting predatory pricing. Based on the other comments that people have a very hard time figuring out how much they
by Doingmything123 7y ago
The government should be in the business of fighting predatory pricing. Based on the other comments that people have a very hard time figuring out how much they would be paying(significant legal jargon obfuscation) it seems like people are being "forced"(as in no alternative) into contracts where they don't have a full understanding of what they are signing/paying. That seems pretty predatory to me
- ikeboy 7y agoPredatory pricing is pricing too low so competition is forced out. https://en.wikipedia.org/wiki/Predatory_pricing https://en.wikipedia.org/wiki/Predatory_pricing That's not alleged here at all. "People have a very hard time figuring out how much they would be paying" no, what's being said is people are having a hard time reading the documents submitted to the regulator. If you want to know how much you'll pay, just get a quote from the insurer directly.