posts from hell
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- Nov 30, 2004
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Insurance is like gambling. Both sides take a gamble based on risk. For those purchasing insurance they are banking that they'll will need it while the insurance based their risk banking that the person buying it won't need it as much. Insurance companies are there to make money by taking a financial risk on YOU by allowing you to buy their insurance.
Pre-existing conditions shouldn't be factor (that depends on what you have) but they do calculate them into their risk assessment. After all, they are a business. And so, sure, pre-existing conditions shouldn't be a factor at all but it'll cost more for everybody. No such thing as a freebie.
That's what I knew and agree with.