In article , Andy Asberry says...

What hasn't been mentioned is that insurance regulators require a
"reserve" before an insurance company can issue the first policy. That
means they must have the assets available to cover claims from day
one. They are risking their money on claims, not yours.

"Risk?" There's no risk. The size of the statistical
pool means that on average, they break even. Then they
figure in an automatic profit on top of it all.

I can see that maybe some other types of insurance carry
real risk - but health insurance? No way. Worst comes
to worst, they simply raise rates to recoup losses.

Jim


--
==================================================
please reply to:
JRR(zero) at pkmfgvm4 (dot) vnet (dot) ibm (dot) com
==================================================