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To: yesthatjallen

They just need to explain what the premiums would be if they hadn’t dropped the mandatory purchase.


12 posted on 07/19/2018 11:02:30 AM PDT by libertylover (I'm not arguing with you; I'm just explaining why I'm right and you're wrong.)
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To: libertylover
Premiums are even HIGHER now that the insurance is no longer mandatory. That's because many healthy people figure they don't even need it ... so insurance companies end up with a bunch of sick people on their rolls.

Think of it like the story of the Three Little Pigs ...

The little pig with the house made of straw had his house blow away every week, only to have it rebuilt by the insurance company. The little pig with the house made of sticks had his house burn down every month, only to have it rebuilt by the insurance company.

The little pig with the house made of bricks never had a claim ... but his insurance premiums kept rising to cover the insurance company's losses on the other two houses.

So he finally said: "Screw this!" and canceled his policy.

So now the other two pigs have even HIGHER insurance premiums ... because they have to cover all the costs of rebuilding the two homes by themselves.

16 posted on 07/19/2018 11:19:51 AM PDT by Alberta's Child ("I saw a werewolf drinking a pina colada at Trader Vic's.")
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