How do you feel about insurance companies rejecting people with pre-existing conditions? I never really thought about that before...but I think that’s pretty sh*tty.
Once the government takes over health care it will decide what treatmet you’ll get.Do you think that will work?
It ain’t a perfect system, but it happens because these “nasty” companies do not wish to price their policies out of sight or go bankrupt; margins are already thin (3.5% you read that right 3.5% not 35%). Many employer sponsored policies limit the exclusion time for this already. If it’s life threatening, at least before Obamacare a hospital had to treat you even if you cannot pay.
If you buy insurance after you require it (pre-existing condition), then it’s no longer insurance.
In addition, no insurance company could stay in business offering a reasonably priced premium allowing pre-existing conditions to be covered.
How do you feel about government bureaucrats telling you how to run your life down to its most intimate details?
I guess you’re in favor of it.
Then rethink what insurance really is. Its a business that bets against odds. If it cannot determine the odds its like a casino that never can win at its own tables. It would go broke verry soon. That of course is what the Marxists in Washington want. They want to be the only game in town.
***How do you feel about insurance companies rejecting people with pre-existing conditions?***
You don’t get house insurance after your house catches fire.
You don’t get car insurance after you have a wreck.
You don’t get life insurance on a family member after a their death.
Why should an insurance company give you health insurance after you get sick.
they would not exist at all if they did not reject people with pre-existing conditions.
so you are asking, is it s good idea that insurance companies exist at all?
And the answer to that question is, it’s none of your business if insurance companies exist. they are volunteer organizations -— no one is forced to either invent them or work in them -— and buying their product is -— orwas -—also volunteer.
Next, you would probably ask, what about people with serious conditions who don’t have health insurance.
There are many many answers to that, as to where people can go and get the surgery or treatment that they need.
No, it’s probably not going to be ‘free’. But no health care is free. Ever. Somebody somewhere has to pay for the salaries and expenses of medical personell, not to speak of hospital janitor services, equipment, etc. etc.
No health care is ever, ever free. Period.
How do you feel about insurance companies rejecting people with pre-existing conditions? I never really thought about that before...but I think that’s pretty sh*tty.Its my understanding that they are not "rejected" but put into a special pool of high-risk people, who have to pay a much higher rate (such that it's impractical for someone to pay the premiums) because it's 100% certain (nearly so) that they will have massive claims.
Consider how unfair it is to charge someone who is healthy, a LOT more $$ in order to cover the certainly massive claims of the neighbor who decided to wait (for free) until they got the "pre-existing condition" and then demand the same rate as the low-risk healthy fellow. Essentially insisting that the low-risk healthy fellow pay for the claims of the one who's already sick. Of course, this is EXACTLY what happens under Obamacare. :-/
I feel badly about it. However, I think it is capitalism and I believe in that. When the government has the power, they won't deny you insurance for your pre existing condition, they will gladly cover your assisted suicide bills.
That’s why they call it insurance! If you could wait until you have cancer to go and buy health insurance they would call it capitulation. Do you think you should be able to buy homeowner’s insurance after the fire has already burned half your house? Should you be able to wait until you cause a wreck before you buy liability insurance on your car? Should you be able to buy life insurance on Grandma while she is in the hearse?
Do you believe insurance companies can operate in such a way and survive?
I had a relative die the other day and guess what? I tried to buy a life insurance policy for him and they wouldn’t sell one to me. They said we can’t insure a dead person with life insurance, now I think that’s just plain wrong, what do you think?
Insurance is like religion; “you’ve got to get it when you don’t want it, in order to have it when you need it”.
People with pre-existing conditions simply waited too late to get insurance. Insurance is based on actuarial tables, premiums are based on number of insured and the probability of coming down with an ailment. People with pre-existing conditions that cannot even get a rated policy are guaranteed to pull out more money than they could ever pay into the policy. It disrupts the concept of “the many paying for the few”.
If insurance companies can’t exclude people with pre-existing conditions for individual policies, then an individual could sign up for insurance when they are sick and then drop insurance after they get better. Obviously, that insurance company could not afford to stay in business.
To cover pre-existent conditions, you must have a large pool, but you must still limit the exposure to the pre-existing conditions.
If you have unlimited pre-existent condition exclusions you can never have private insurance, only a government medical program. The government plans can cover uninsurable patients and the poor, but it should not be used for otherwise insurable individuals and groups.
Do we really need these ignorant trolls on this site?
I think insurance companies would go broke if they took people with pre-existing conditions. That like getting into a car accident and then calling state farm and asking for coverage for the accident.
Insurance companies have ALWAYS rejected pre-existing condions. Always.
The insurance companies have very good investigators.
I've read this thread through reply 111 and see no mention of this. Apologies if it has been covered. And correct me if I'm wrong.
Just out of curiosity, if you for whatever reason did not have any insurance on your automobile, and you totaled it in a wreck, would you expect the local Geico, or State Farm, or Nationwide to write you a policy the next day providing full coverage retroactive to before you had your accident, and then pay the full price of repairing or replacing the car that you totaled? Would you consider it "sh*tty" of them to say "Sorry, we don't cover accidents or other losses that occurred prior to the effective date of your policy"?