Do insurance companies “discriminate” against teen boys when they charge them several multiples of the standard rate for auto insurance?
Do they “discriminate” against drivers with accidents and speeding tickets when they charge them higher rates?
Health insurers charge based on expected claims. The expected claims are higher for women of child-bearing age. Thus, charging them the identical premiums means that male subscribers will be cross-subsidizing female subscribers. Only in Obama’s world would this be viewed as fair.
“Do insurance companies “discriminate” against teen boys when they charge them several multiples of the standard rate for auto insurance?
Do they “discriminate” against drivers with accidents and speeding tickets when they charge them higher rates?”
Yes and yes, and that’s swell because discrimination is a good thing. They’ve been telling us otherwise for a long time, but that’s because they’re full of half-truths and aren’t good with words.