Insurance Is A Racket

Insurance is now no better than a protection racket Express Comment

Medical insurance is so contrary to the founding principles of insurance that it really shouldn't be called insurance at all. Look into how pretty much all insurance in the us is a scam. But unless you’ve had personal experience of its devious workings you probably have no idea just how much of a. They wrote laws to exempt themselves from.

£4.5bn victory over banks' insurance racket that hit 3m customers

The product that they sell, insurance, is a financial instrument that simply charges you a regular, predictable fee in exchange for paying for unexpected expenses that could otherwise bankrupt. The public outrage after the assassination of unitedhealthcare ceo brian thompson exposed a seething. Medical insurance is so contrary to the founding principles of insurance that it really shouldn't be called.

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And keep in mind that governments are collecting nearly $7 billion in stamp duty and gst taxes off home insurance policies, which is more than insurance companies are. Every insurance company is filing rate. Look into how pretty much all insurance in the us is a scam. Estimating how much money will be required to put you back where you.

£4.5bn victory over banks' insurance racket that hit 3m customers

The car insurance industry is a racket: Everything in america is a racket, from planned obsolescence, to warranties that void if you do your own repairs, to housing, to healthcare, to food full of sugar, salt, and fat. Yes, literally — or so say two new york hospitals, which have filed a racketeering lawsuit against unitedhealth group and several of..

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The car insurance industry is a racket: If your insurance recently implemented a rate increase (of ~7% it seems) it wouldn’t roll on until after your 6 month policy hence the random increase. Fractured responsibility for protecting consumers, and slipshod enforcement almost everywhere. The public outrage after the assassination of unitedhealthcare ceo brian thompson exposed a seething. As a service.

Insurance Is A Racket - Insurance was originally designed for people who are bad with their personal finances in the event of a catastrophic personal event. Medical insurance is so contrary to the founding principles of insurance that it really shouldn't be called insurance at all. Depends on your definition on racket. Insurance is designed to cover enough costs to help you stay on your feet financially. As a service any insurance is valuable, you pay a little fee to prevent a big expenditure in the case of a disaster. Insurance is more corporate racket than helpful protection for the policyholders.

Medical insurance is so contrary to the founding principles of insurance that it really shouldn't be called insurance at all. The public outrage after the assassination of unitedhealthcare ceo brian thompson exposed a seething. Have to keep it but scared to use it.’. Everything in america is a racket, from planned obsolescence, to warranties that void if you do your own repairs, to housing, to healthcare, to food full of sugar, salt, and fat. Price discrepancies for the same medical procedures show how unfair insurance practices erode trust, leaving patients confused, financially strained, and feeling helpless.

They Wrote Laws To Exempt Themselves From Anti Monopoly Regulations In The Early 1900S.

I think we all suspected that. The product that they sell, insurance, is a financial instrument that simply charges you a regular, predictable fee in exchange for paying for unexpected expenses that could otherwise bankrupt. Estimating how much money will be required to put you back where you were. Parker kennedy's roots run deep in the california company.

Insurance Was Originally Designed For People Who Are Bad With Their Personal Finances In The Event Of A Catastrophic Personal Event.

The board members — i’m giving them the most credit possible — without fully realizing, they’re saying, “they’re not going to be able to take private. People are defending the idea,. Everything in america is a racket, from planned obsolescence, to warranties that void if you do your own repairs, to housing, to healthcare, to food full of sugar, salt, and fat. If your insurance recently implemented a rate increase (of ~7% it seems) it wouldn’t roll on until after your 6 month policy hence the random increase.

There’s The $91 Billion A Year That Pays For Subsidies For Private Insurance, But The Real Prize Is The $138 Billion The Feds Spend Annually On Medicaid For The Working Class.

Insurance is more corporate racket than helpful protection for the policyholders. Every insurance company is filing rate. In fact, brian thompson, the ceo of unitedhealthcare who was murdered two weeks ago, reportedly. Medical insurance is so contrary to the founding principles of insurance that it really shouldn't be called insurance at all.

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We could solve this problem by nationalizing the insurance companies, taking them under federal control. Fractured responsibility for protecting consumers, and slipshod enforcement almost everywhere. However as any critical service it has. Is the health insurance business a racket?