Re: Health insurance
"nospam" <nospam@xxxxxxxxxxx> wrote in message
news:WIydnUdAEIhwjUfenZ2dnUVZ_tadnZ2d@xxxxxxxxxxxxxx
> Chas wrote:
>
>> I think you need to do a little research into what is known in the
>> insurance industry as "adverse selection". Your union health insurance
>> company would have to face the same restrictions at the state level that
>> current insurance companies face. The result would inevitably be that
>> your
>> union company would end up being no different than any current insurance
>> company.
>
> Well, it can not behave as immoral as a insurance business.
> A "for proffit" business is incompatible with health insurance at
> fundamental level.
Says you ... and I disagree with your premise.
"for profit" is the only way such a beast can be successful.
How's your "not-for-profit" retirement system doing? Social Security.
Doing well and projected to do well far into the future? NOT!
How's your current "not-for-profit" healthcare doing? Medicare,
Medicaid? Doing real well, I hear. NOT!
These unfundable ponzi systems will ultimately result in the
complete and utter collapse of the U.S. economy.
Add another under the name "universal healthcare", and you'll
just hasten the demise.
.
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