Also, that “big government” they hate so much is CA stepping in and putting a moratorium (with possible backdating) on insurance companies canceling policies

Posted by undercurrents

5 comments

  1. Capitalism is not when the insurance company refuses to pay, any more than socialism is when the fire department fails to show up.

    Insurance is a scam and will refuse to pay, but the explanation is *fraud*, not *capitalism*. You can have fraud in any system, just as you can police fraud in any system.

  2. By God ! So true !

    And I am still trying to figure out who named insurance bills – premiums? WTF?

  3. This is very dangerous because insurance companies will be shooting themselves in the foot. Why would anybody need insurance then if they refuse to pay? People will start to cancel paying their policies.

  4. I imagine them trying to privatize the fire departments next. Worked well for the prisons, right? Everything can be profitable! /s

  5. It’s a waste of money to pay for insurance if they refuse to pay when you need them.

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