daugen
Epic Contributor
Now I think we all understand you are using exaggeration to make a point here. I mean really, if you haven't had insurance for 35 years, how would you know about whether insurance made you poor, or whether your claims would not be paid? In reality of course neither is the case; most folks find some form of insurance affordable and for sure 99% of claims that should be paid are likely paid just fine. as an insurance underwriter, I have seen every lie told by supposed honest folk, who just seemed to be oh so forgetful about that accident out of state, or that disappearing jewelry loss the wife put in, for the third time. You see, all claims paid go into a database, and they surely have your number. I was amazed at how dishonest people were in applying for insurance. It may take a year or two, but it usually catches up with someone who omits the truth.
So Industrial, you may think the insurance companies are big ripoffs, and personal injury lawyers the scum of the earth (gosh, we agree there) but I've worked the other side of the street and from the insurance company's perspective they often have a right to be skeptical. It's funny, or maybe it's not, but one thing about Obamacare with guaranteed issue is folks don't have to lie so much on their medical questionnaires. I wrote a lot of Prudential medical insurance for folks thirty years ago and I just shook my head when I got the carbon copies of inquiries back regarding all those trips to the heart specialist, for example, that weren't noted. Insurance is basic contract law. both parties have a responsibility for honest behavior.
and yes, we all pay for the system abusers. The premiums of the many pay for the claims of the few. Only way it can work. Unless you want the government in there and that historically has often not worked out well.
Most of us cannot afford to not have health insurance, car/truck insurance or homeowner/farmowner insurance. Most of the rest is negotiable.
