European Tribune - Comments - The Power of Communication (ALD)

The Power of Communication (ALD) | 29 comments (29 topical, editorial, 0 hidden)

Re: The shop heard round the world (4.00 / 3)

There used to be Mutual Insurance companies in the upper Mid-West owned and run on exactly the lines you have laid-out. Typically the policies were available through local "Son's of {insert name of a Scandinavian country here}" which kinda explains the whole thing.

The "predatory" aspect of the competition was the majors came in an sold policies below the correct risk-price. Illegal as hell but the regulators didn't do their job.

A doo run-run-run, a doo run-run

by ATinNM on Sat Jul 7th, 2007 at 02:57:04 PM EST
[ Parent ]

Re: The shop heard round the world (4.00 / 2)

Well, in the same way that some car insurers employ their own repair shops, I think that it is necessary to merge the health insurance pool and the people who actually get the money from the health insurers thereby cutting out or merging TWO (conflicting) sources of "rentier" drain from the system.

It can be done, for sure, and it is innovative use of LLC's etc that make it possible.

by ChrisCook (cojockathotmaildotcom) on Sat Jul 7th, 2007 at 03:03:12 PM EST
[ Parent ]

Re: The shop heard round the world (none / 1)

That's what makes it so damn frustrating. There's no objective reason for the US to be so screwed-up. Less than one percent of the US population benefits yet most of the population gives one the "lights are on but no one's home" stare when alternatives are presented.

<sigh>

A doo run-run-run, a doo run-run

by ATinNM on Sat Jul 7th, 2007 at 03:46:09 PM EST
[ Parent ]

Re: The shop heard round the world (none / 1)

They do it because they can. No other reason is needed.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Jul 8th, 2007 at 05:12:50 AM EST
[ Parent ]

The Power of Communication (ALD) | 29 comments (29 topical, 0 editorial, 0 hidden)

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