All of us, every single man, woman, and child on the face of the Earth were born with the same unalienable rights; to life, liberty and the pursuit of happiness. And, if the governments of the world can't get that through their thick skulls, then, regime change will be necessary.
We must do whatever we can to fight this creeping socialism into American society.
One of the most insidious forms of socialism is "insurance". Every year I pay fire insurance, health insurance, car insurance. I am up to my eyeballs in socialistic insurance policies.
now, The insurance industry says that insurance is just a way to spread the risk. But what it really is ...is socialism. I've never had a house burn down but I've paid fire insurance for over 30 years. so I decided to call my insurance agent and confront him with the question "Where did all my money go?" You know what he told me? He said they had already given it to some guy I didn't even know!!! "Who did you give it to?" "A guy whose house burned down He was smoking in bed. The whole place burned to the ground" was the reply.
"Why should I have to pay for someone who acting stupid. That's my money. I want it back."
"That's the way insurance works." My agent said. "We take money from those whose houses didn't burn down and give it to those who have had a fire. We take money from the young and healthy and use it to pay the old and sick. We are spreading the risk. We take money from those who don't need it and give it to those who do. "
That's socialism in a nutshell. Take from those that have and give to those who don't???
It's time we conservatives start speaking out against those hidden forms of socialism that have seeped into our society and threaten to infect every area of our lives.
Time to end risk pooling. Time for an end to insurance.
Yeah, what actually happens is that people without insurance pass their costs into those of us who have it. Medicare passes its costs onto people who pay for insurance. With insurance you pay what you're worth, so if you're a 16-year-old boy your car insurance will cost more than that of a 40-year-old woman. Old people, fat people, and smokers pay more for insurance. That's pure capitalism. It's all the socialism in the system that drives up the cost. Socialism is giving an obese person two seats on a plane for the price of one and passing the cost onto the rest of us. That doesn't happen with insurance.
The insurance apply a socialist principle Good point. BUT Many 16 year old drivers don't get into accidents. Yet they get charged higher premiums. Why? Because when the bad 16 year old driver in a car full of teenagers runs a red light and smashes into another car, and kills someone, they are going to need money to pay off the lawsuit that follows. And where do they get the money? From all the good 16 year old drivers who pay higher premiums but never have accidents. The bad 16 year old driver hits the jackpot because he only has to pay a fraction of the multimillion dollar settlement. The big bill gets passed on to all those good 16 year old drivers...and all the other good drivers who never make claims. Socialism ends up rewarding the stupid and punishing the wise. Same applies to fat people that smoke. Ever wonder why everyone at your work pays the same premiums? In a group insurance plan all the healthy people get lumped together with all the fat smokers and everyone pays the same premiums. They don't make the fat smoker take a physical and then slap a higher premium on him. No. They take your entire group and charge everyone the same premiums. So when the fat smoker ends up getting lung cancer and type II diabetes, the insurance company takes your premiums...uses it to pay for the fat smokers hospital bill....then they raise their insurance rates FOR EVERYONE IN YOUR GROUP. Even the healthy workers Once again socialism ends up rewarding those who live unhealthy lives and punishing those who take care of themselves.
Everyone should pay their own way. That's capitalism!!
No, as corporations in a free market system, insurance companies have the right to set actuarial tables which determine the risk they are willing to take on from various groups of people, so that they can maintain profitability.
You are correct in saying that there is a communal aspect to the concept of insurance. If one reads of the birth of insurance (Lloyd's of London, if I recall), one will find that it certainly was a cooperative. However, it is a voluntary cooperative for the purpose of maintaining businesses in a free market system.
And, of course, you could argue that it is not voluntary if one HAS to buy insurance in order to have a driver's license. But, driving is a privilege, not a right.
And, when a mortgage company insists that you have homeowners insurance, that is according to free market principles, because you don't own the home, they do.
5 comments:
We must do whatever we can to fight this creeping socialism into American society.
One of the most insidious forms of socialism is "insurance".
Every year I pay fire insurance, health insurance, car insurance. I am up to my eyeballs in socialistic insurance policies.
now, The insurance industry says that insurance is just a way to spread the risk.
But what it really is ...is socialism.
I've never had a house burn down but I've paid fire insurance for over 30 years. so I decided to call my insurance agent and confront him with the question "Where did all my money go?"
You know what he told me? He said they had already given it to some guy I didn't even know!!!
"Who did you give it to?"
"A guy whose house burned down He was smoking in bed. The whole place burned to the ground" was the reply.
"Why should I have to pay for someone who acting stupid. That's my money. I want it back."
"That's the way insurance works." My agent said. "We take money from those whose houses didn't burn down and give it to those who have had a fire. We take money from the young and healthy and use it to pay the old and sick. We are spreading the risk. We take money from those who don't need it and give it to those who do. "
That's socialism in a nutshell. Take from those that have and give to those who don't???
It's time we conservatives start speaking out against those hidden forms of socialism that have seeped into our society and threaten to infect every area of our lives.
Time to end risk pooling. Time for an end to insurance.
Hamster,
With all due respect, that is an idiotic analogy.
Yeah, what actually happens is that people without insurance pass their costs into those of us who have it. Medicare passes its costs onto people who pay for insurance. With insurance you pay what you're worth, so if you're a 16-year-old boy your car insurance will cost more than that of a 40-year-old woman. Old people, fat people, and smokers pay more for insurance. That's pure capitalism. It's all the socialism in the system that drives up the cost. Socialism is giving an obese person two seats on a plane for the price of one and passing the cost onto the rest of us. That doesn't happen with insurance.
The insurance apply a socialist principle
Good point.
BUT
Many 16 year old drivers don't get into accidents. Yet they get charged higher premiums.
Why? Because when the bad 16 year old driver in a car full of teenagers runs a red light and smashes into another car, and kills someone, they are going to need money to pay off the lawsuit that follows. And where do they get the money? From all the good 16 year old drivers who pay higher premiums but never have accidents.
The bad 16 year old driver hits the jackpot because he only has to pay a fraction of the multimillion dollar settlement. The big bill gets passed on to all those good 16 year old drivers...and all the other good drivers who never make claims.
Socialism ends up rewarding the stupid and punishing the wise.
Same applies to fat people that smoke. Ever wonder why everyone at your work pays the same premiums? In a group insurance plan all the healthy people get lumped together with all the fat smokers and everyone pays the same premiums. They don't make the fat smoker take a physical and then slap a higher premium on him. No. They take your entire group and charge everyone the same premiums. So when the fat smoker ends up getting lung cancer and type II diabetes, the insurance company takes your premiums...uses it to pay for the fat smokers hospital bill....then they raise their insurance rates FOR EVERYONE IN YOUR GROUP. Even the healthy workers
Once again socialism ends up rewarding those who live unhealthy lives and punishing those who take care of themselves.
Everyone should pay their own way. That's capitalism!!
No, as corporations in a free market system, insurance companies have the right to set actuarial tables which determine the risk they are willing to take on from various groups of people, so that they can maintain profitability.
You are correct in saying that there is a communal aspect to the concept of insurance. If one reads of the birth of insurance (Lloyd's of London, if I recall), one will find that it certainly was a cooperative. However, it is a voluntary cooperative for the purpose of maintaining businesses in a free market system.
And, of course, you could argue that it is not voluntary if one HAS to buy insurance in order to have a driver's license. But, driving is a privilege, not a right.
And, when a mortgage company insists that you have homeowners insurance, that is according to free market principles, because you don't own the home, they do.
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