It being a dull day, I decide to respond to what jim rozen
foisted 17 Aug 2004 19:28:33 -0700 on
rec.crafts.metalworking , viz:

You mean they're taking my premiums and *not* paying for
folks to get treated by doctors - that they're simply
playing the shell game like the rest of the megacorps?

Nope. they are paying the bills, and with the left over cash, trying
to make a little money on the side. You'd appreciate if they make a
"killing" in the market, they don't have to raise rates "as much". (Of
course, when they lose money, somebody has to make it up.)

Right, they're *gambling* with the premium dollars. If they
make money, they keep it. If they lose money, they raise the
rates. It's pretty obvious that the insurance regulators are
squarely in bed with the companies they regulate if this sort
of crap is the norm.

So they should do what with cash excess to current needs? Leave it in
the desk drawer, or lock it away in the safe? Considering how most
premiums are paid by check, just deposit the checks and leave them there?


--
pyotr filipivich.
as an explaination for the decline in the US's tech edge, James
Niccol wrote "It used to be that the USA was pretty good at
producing stuff teenaged boys could lose a finger or two playing with."