Quote:
Originally Posted by shane27
its not bad at all in this country, its just expensive because of all the lawsuits against pharmaceutical companies that make the prices get jacked way up.
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True true. Blame juries who grant $20 mil awards to sympathetic victims. Blame the media for not telling potential plaintiffs looking to hit paydirt that most of those ridiculous awards get reduced to a fraction on appeal. Blame litigous patients who sue evertime the get sick. All these things are problems with the system. My biggest beef, though, is with the insurance companies that make it their business practice to spend every dime that YOU PAY THEM in litigation costs to disclaim coverage of the very things that they are paid to cover.
The bottom line is this: People pay for insurance to protect their own assets. Insurance companies, though, are in the banking business. INSURANCE COMPANIES DON'T CARE IF YOU ARE INJURED! You need them and they know it. You will pay for coverage and they know it.
Basically, insurance is like the lottery. You buy a ticket every time you send in your premium. If you get "lucky," you'll be injured and will get back more than you paid. If you are not, at least you had the peace of mind of knowing you were covered. The what burns my balls is that the deck is stacked. In order to get them to pay out, you need to fight them for it. Litigation costs money. They have money. You do not (you sent it to them to use against you).
I'm just getting started. I won't bore you with more, but I'm sure you get the idea.