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Reply #10: AIG is an entirely different issue [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-06-08 10:43 AM
Response to Reply #7
10. AIG is an entirely different issue
I've worked in the Insurance industry for 10 years. AIG marketed an insurance product without having reserves for it and without calling it an insurance product. It was legal due to poor regulation.

AIG has very little to do with the Healthcare debate. AIG is primarily a Life, Annuity, Property, and has very limited Health Insurance programs.

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  -My idea for fixxing Healthcare Jake3463  Dec-06-08 09:57 AM   #0 
  - Take insurance out of healthcare.. the two in one sentence is an oxymoron.  glowing   Dec-06-08 10:04 AM   #1 
  - It's a step  Jake3463   Dec-06-08 10:08 AM   #3 
  - Congress has promised to "phase out" insurance  shraby   Dec-06-08 10:12 AM   #4 
  - Nixon, Ford, Reagan, Bush I, Bush II  Jake3463   Dec-06-08 10:39 AM   #8 
  - This is an excellent idea Jake  spokane   Dec-06-08 10:48 AM   #13 
     - Yep  Jake3463   Dec-06-08 10:52 AM   #15 
  - Really, there should be no profit in funding healthcare delivery.  DailyGrind51   Dec-06-08 11:26 AM   #19 
     - I fully agree  Jake3463   Dec-06-08 11:33 AM   #20 
  - The only way Health Care Reform can work is to get the Insurance  OHdem10   Dec-06-08 10:07 AM   #2 
  - Don't foget to send it to  BrentTaylor   Dec-06-08 10:13 AM   #5 
  - How about if we just cut the crap and take care of sick people. Period.  demodonkey   Dec-06-08 10:16 AM   #6 
  - If AIG proves nothing else.  realpolitik   Dec-06-08 10:17 AM   #7 
  - I am the Billing Supervisor of a small practice of one psychiatrist  Democrat 4 Ever   Dec-06-08 10:41 AM   #9 
  - My opinion on Pre-Certs  Jake3463   Dec-06-08 10:48 AM   #12 
  - AIG is an entirely different issue  Jake3463   Dec-06-08 10:43 AM   #10 
  - How about letting the docs  Mojorabbit   Dec-06-08 10:46 AM   #11 
  - Fraud  Jake3463   Dec-06-08 10:49 AM   #14 
     - My husband is a family physician  Mojorabbit   Dec-06-08 10:59 AM   #16 
        - That's great  Jake3463   Dec-06-08 11:06 AM   #17 
  - Daschle no help  HelenWheels   Dec-06-08 11:17 AM   #18 

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