Posted on 07/31/2009 4:16:54 AM PDT by Halfmanhalfamazing
The miami herald describes Citizens' this way:
that Citizens, the largest insurer of homes and condos in Florida
Yet when Citizens was first envisioned:
was established as insurer of last resort.
So what happened? I was unable to find it at present time, but Citizens has apparently become biggest in two key areas: (1)Incredibly high risk areas.(waterfront most notably) Private insurers won't bother with it if they don't have to. (2)Incredibly low value areas.(think ghettos and manufactured homes) Private insurers don't have any incentive to bother with this either.
I must admit, I’m at a disadvantage here.
As floridians, do you know more info you could shed on this?
Thanks
In the case of Obamacare, it's the elderly who are hardest hit.
***In the case of Obamacare, it’s the elderly who are hardest hit. ***
according to the Census Bureau, 12% of Americans are 65 or older. That means that over 36 million Americans may die because of rationing health care for seniors.
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