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To: nuconvert
Pre-existing conditions increase rates. Shocking!

Insurance companies should be forced to take all comers at the same rate even if they know that their costs are guaranteed to be higher than the premiums collected.

While we are at it, let's force insurers to do the same with auto coverage. They should be forced to cover repairing damages even if the damage already existed before the policy was written.

What could possibly go wrong?

19 posted on 03/29/2009 7:54:15 AM PDT by SampleMan (Socialism and Liberty are mutually exclusive.)
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To: SampleMan

I think you’re missing points to the article.


25 posted on 03/29/2009 8:23:39 AM PDT by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: SampleMan
Well they could then bundle and sell the risk to aig, wait we have already done that with the banks, didn't work out well at all. LOL
29 posted on 03/29/2009 8:52:22 AM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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