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On Wed, Oct 18, 2000 at 10:01:20PM -0700, Marshall Clow wrote:
> At 9:27 PM -0700 10/18/00, Nathan Saper wrote:
> >On Wed, Oct 18, 2000 at 06:57:24PM -0700, Tim May wrote:
> > > At 5:48 PM -0700 10/18/00, Nathan Saper wrote:
> > > In any case, whether Alice sells insurance to Bob is not a matter for
> > > the state to interfere with.
> > >
> > > You, Nathan, may set up your own insurance company if you wish. Or
> > > you may offer to pay for the health care of those you think are not
> > > getting a fair deal.
> > >
> > > But you may NOT tell me I must sell insurance if I choose not to.
> >
> >Most insurance companies are worth millions, if not billions, of
> >dollars, and they make huge profits. Insuring all of the people that
> >they now deny based on genetic abnormalities would still allow them to
> >make decent profits.
>
> So? What authority gets to decide what "decent" profits are?
> Businesses _should_ always seek to maximize their profits
> in the long term.
>
My point is, it wouldn't be death for the business if they were forced
to insure people with genetic abnormalities.
> Many businesses fall into the "short term trap", which maximizes
> profits for a few years, which then fall off in the long term, leading
> to lower overall profits. Leaving "money on the table", as it were.
>
> It is my _opinion_ that insurance companies, by inserting themselves into
> the legal system, and seeking to make themselves a necessity,
> are well down that road.
>
>
> >And many people are denied coverage outright, therefore removing the
> >possibility of simply paying for their coverage.
>
> What is preventing them from simply paying for their treatment?
Coverage is often cheaper than treatment.
- --
Nathan Saper ([EMAIL PROTECTED]) | http://www.well.com/user/natedog/
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