Comments on: Managed Competition http://andrightlyso.com/2007/07/17/managed-competition/ Live Free Or Die Mon, 15 Mar 2010 04:22:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Raven http://andrightlyso.com/2007/07/17/managed-competition/comment-page-1/#comment-68751 Raven Tue, 17 Jul 2007 20:29:46 +0000 http://andrightlyso.com/2007/07/17/managed-competition/#comment-68751 Ogre, I don't agree with the educational and credit reasons. And somewhere I have stats that back me up on this LOL...often, believe it or not, it is the younger or older people who cause the accidents and who don't pay their premiums. People with poor credit are simply dropped when they don't pay. Educational levels do not have an impact on driving skill and ability: These are myths put forth by the insurance companies to "justify" higher premiums. And of course in mandated insurance states, these reasons are allowed to prevail. Government gets bigger taxes payments too, from "high risk" insurance carriers. Think about it for a few...insurance carriers are by far, the richest and most affluent of all the industries. We can thank big government for this. As for MA, they went the total opposite and wouldn't allow carriers to assign hardly ANY risks...which led to being in the red constantly. So they left the state. Ogre,
I don’t agree with the educational and credit reasons. And somewhere I have stats that back me up on this LOL…often, believe it or not, it is the younger or older people who cause the accidents and who don’t pay their premiums. People with poor credit are simply dropped when they don’t pay. Educational levels do not have an impact on driving skill and ability: These are myths put forth by the insurance companies to “justify” higher premiums. And of course in mandated insurance states, these reasons are allowed to prevail. Government gets bigger taxes payments too, from “high risk” insurance carriers. Think about it for a few…insurance carriers are by far, the richest and most affluent of all the industries. We can thank big government for this.

As for MA, they went the total opposite and wouldn’t allow carriers to assign hardly ANY risks…which led to being in the red constantly. So they left the state.

]]> By: Bigfoot http://andrightlyso.com/2007/07/17/managed-competition/comment-page-1/#comment-68747 Bigfoot Tue, 17 Jul 2007 16:29:07 +0000 http://andrightlyso.com/2007/07/17/managed-competition/#comment-68747 Let me scare you a bit. The only other time I've heard the term "managed competition" was back during Hillary's attempt to shove socialized medicine down all our throats back in '93 or so. The term was used to characterize her proposed system, by one of its supporters. Let me scare you a bit. The only other time I’ve heard the term “managed competition” was back during Hillary’s attempt to shove socialized medicine down all our throats back in ‘93 or so. The term was used to characterize her proposed system, by one of its supporters.

]]> By: Ogre http://andrightlyso.com/2007/07/17/managed-competition/comment-page-1/#comment-68738 Ogre Tue, 17 Jul 2007 14:08:29 +0000 http://andrightlyso.com/2007/07/17/managed-competition/#comment-68738 And this from the same state who just forced people to buy health insurance or go to jail. Morons. It's called "freedom," and the insurance commissioner there wouldn't know it if it slapped her in the face. Insurance companies should be able to charge rates based on education and credit ratings -- because those factors DO help determine the odds of the insurance company paying out fees! If someone has a bad credit rating, they may not be able to pay deductables -- which means the insurance company will have to pay. If they have poor education, they may be at more risk for an accident -- which mean the insurance company pays. In a free society, the insurance company would be able to charge rates based on ANY action of the insured that may result in higher risk -- but MA doesn't like nor want freedom. And this from the same state who just forced people to buy health insurance or go to jail. Morons. It’s called “freedom,” and the insurance commissioner there wouldn’t know it if it slapped her in the face.

Insurance companies should be able to charge rates based on education and credit ratings — because those factors DO help determine the odds of the insurance company paying out fees! If someone has a bad credit rating, they may not be able to pay deductables — which means the insurance company will have to pay. If they have poor education, they may be at more risk for an accident — which mean the insurance company pays.

In a free society, the insurance company would be able to charge rates based on ANY action of the insured that may result in higher risk — but MA doesn’t like nor want freedom.

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