My dad called the insurance industry the “Legalized Mafia.” Rather than helping people through tough times, they raise your rates any time you make a claim. How do we solve this? The entire insurance industry (health, life, and casualty) should be made non-profit, or should be forced to accept a certain percentage of people who can’t afford it. Those who can afford it should be required by law to buy at least a catastrophic care policy. The entire cost of healthcare and healthcare insurance should be equally tax deductible for everyone. I hate government oversight, but more oversight is necessary in this case.
Saturday, November 22, 2008
Healthcare & Insurance
My dad called the insurance industry the “Legalized Mafia.” Rather than helping people through tough times, they raise your rates any time you make a claim. How do we solve this? The entire insurance industry (health, life, and casualty) should be made non-profit, or should be forced to accept a certain percentage of people who can’t afford it. Those who can afford it should be required by law to buy at least a catastrophic care policy. The entire cost of healthcare and healthcare insurance should be equally tax deductible for everyone. I hate government oversight, but more oversight is necessary in this case.
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