3 ms·
The other states have caps on a whole range of insurance. There's also some states that have cap on insurance premiums that is only effective in case of collaps
by deusexepsilon 6y ago
The other states have caps on a whole range of insurance. There's also some states that have cap on insurance premiums that is only effective in case of collapse, a "loss," or a "cost," because they're insurance companies who cannot keep things in place that can be taken care of. That's also a good policy way for some people to buy insurance in the individual market, but that can still be expensive.
The idea that you can keep things in place to save money, or in this case an extended-run plan as well, is a lie. It's not.
I would say that what we would do would fall on the taxpayers side by the way — not even if they had the flexibility to keep things in place but to continue servicing the insurance, keeping insurance in place until the company would be bankrupt in the event of a collapse.