LogFAQs > #931847903

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Topic	Politics Containment Topic 254: Pete's Whine Cave
red sox 777 12/20/19 2:09:15 PM #152:	Nelson_Mandela posted... The same could be said for any kind of insurance. Unfortunately, there is no natural solution for that. Whenever you have a valuable item (a home, a car, yourself), you have to pay a premium to protect it. But if I have more to lose I will pay more to protect it. If I have a Ferrari I'll be willing to pay much more in premiums than I would for a 1990 Honda civic. With healthcare, no one dies because they can't pay - they are just stuck with a bill. Which if you can't pay, you don't. So those who can pay more have more to lose if they aren't insured, they get more value from their insurance, and they should pay higher premiums. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:931847903] in Politics C... [t:78268798]...</cite> <quote>Nelson_Mandela posted... </cite> <quote>The same could be said for any kind of insurance. Unfortunately, there is no natural solution for that. Whenever you have a valuable item (a home, a car, yourself), you have to pay a premium to protect it.</quote> But if I have more to lose I will pay more to protect it. If I have a Ferrari I'll be willing to pay much more in premiums than I would for a 1990 Honda civic. With healthcare, no one dies because they can't pay - they are just stuck with a bill. Which if you can't pay, you don't. So those who can pay more have more to lose if they aren't insured, they get more value from their insurance, and they should pay higher premiums. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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