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Reply #31: No, it's not "benchmarks." Insurance works by pooling risk. [View All]

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PSPS Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-28-09 02:41 AM
Response to Reply #17
31. No, it's not "benchmarks." Insurance works by pooling risk.
Your description sounds kind of like either rationing or determining whether or not curing a person is "worth it" financially.

No, the way insurance is supposed to work is through "pooled risk." The larger the pool the better. That's why a national single-payer system works the best, as evidenced by every other country in the world that has it.

Co-ops, "public option" (as described so far) and other canards being floated by the private insurance stooges who masquerade as legislators are designed specifically to limit their pool and, hence, doom them to failure. The private insurance criminals will spend anything and everything they have to buy off the government because, otherwise, they'll be out of business. They have nothing to lose. And those yachts, multiple mansions, billion dollar CEO payouts and the like, are only going to be wrenched from their cold dead hands.
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