Quote:
Originally Posted by mulp
But insurance companies simply cancel and deny policies to those who are sick or badly injured, and deny approval and payment for necessary but expensive care. But they do it to produce profits that result in hundred million dollar bonuses to the executives who are best at making sure that the government pays the medical bills of the most expensive patients.
Waiting lists suggest that some possibility for treatment exists, but insurance companies don't intend to provide any coverage when unprofitable and will use their lawyers to prevent lawsuits from forcing the insurers to cover treatment before the patient dies.
Free market competition will ensure that all insurers exclude the chronically ill and seriously injured from getting treatment, thus increasing profits to all insurers as the weak are sped to their deaths and insurance premiums are increased to pay for the claim deniers and the lawyers.
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Let face it insurance companies are gambling that a minority of people will use the coverage while the majority continues to pay the premiums.