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Insurance

PROFIT is our MOTIVE (Photo credit: pheezy) The purpose of insurance is the sharing of risk. When you add the profit motive to insurance, you add a motive that is opposite of sharing of risk. The...

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Who pays?

Aurora, Colorado (Photo credit: Wikipedia) After the trial and punishment and after the healing in Aurora, Colorado ceases, who will pay for the damage and the healing costs? Some of those hospitalized...

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Financial services

Logo of the American Financial Services Association. (Photo credit: Wikipedia) Let us begin by defining our terms, “financial services.” Financial is anything to do with money. Services are actions by...

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Death panels

Insurance (Photo credit: Christopher S. Penn) If Romney wins and repeals the Affordable Care act (Obamacare) we will return to the good old days in which death panels existed in insurance company back...

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Auto/healthcare insurance

The Reckless Driver (Photo credit: Wikipedia) Today I read a blog posting by a blogger on the Right who compared auto insurance to healthcare insurance. Both are insurance, but there is a critical...

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Insurance

English: image edited to hide card’s owner name. author: Arturo Portilla (Photo credit: Wikipedia) I think that insurance is generally a scam and a ripoff. When our Social Security checks were...

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Honesty is the best policy

Mitt Romney and Paul Ryan in Ashland today (Photo credit: tvnewsbadge) “Honesty is the best policy” is the slogan of the mythical Honesty Insurance Company. Wealthy individuals like Mitt Romney can...

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Stealth candidate

Insurance (Photo credit: Christopher S. Penn) Mitt Romney, stealth candidate, hiding in plain sight at a charity/campaign event in Ohio to raise money for victims of hurricane Sandy. While collecting...

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Older, wiser, poorer

Wall Street Journal + Ogilvy = Social Media Seminars (Photo credit: Ogilvy PR) I was born a Republican and always voted that way until 2000. I believed what GOP politicians said and was skeptical of...

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If

Ron Paul, member of the United States House of Representatives from Texas. (Photo credit: Wikipedia) If I lost my home due to fire, earthquake, flood, hurricane or tornado, and the insurance company...

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GOP healthcare

English: US Citizens with Private Health Insurance in %; U.S. Census bureau: Income, Poverty, and Health Insurance Coverage in the United States: 2007 Deutsch: US Einwohner mit privater...

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Healthcare choice

Total Knee replacement : AP view (Xray). (Photo credit: Wikipedia) I fell and broke my knee nine years ago. My doctor told me then that I would need a knee replacement in five years, so I am living and...

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How to cope

No Credit Card (Photo credit: Wikipedia) How to cope with rising food prices. Eat less. How to cope with rising healthcare costs. Don’t get sick. If you do, die quickly. How to cope with high gas...

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The trouble with insurance

Health Insurance Does Not Insure Health (Photo credit: SavaTheAggie) The trouble with healthcare insurance is that you don’t know what needed care will cost. I don’t have dental insurance so my dentist...

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Health care insurers

Insurance (Photo credit: Christopher S. Penn) From The Predator State by James K. Galbraith: “A successful private insurance company follows an ancient formula: it stratifies its clientele by risk...

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Apples to prunes

Logo of the Fox Broadcasting Company (Photo credit: Wikipedia) In all the discussion about the Affordable Care Act (Obamacare), some in the media, particularly at FOX, are quoting statistics about how...

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Life expectancies

English: Life expectancy vs. GDP (PPP) per capita, accordig to World Bank, 2009 (sample: 162 coutries) Sources: :GDP per capita (PPP), (World Bank, 2009) :Life expancy (CIA factbook, 2009) (Photo...

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GOPcare

Florida congressman Alan Grayson. (Photo credit: Wikipedia) We have Alan Grayson to thank for reading all the fine print in healthcare insurance plans and explaining their essence in two sentences....

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