Quote:
Originally Posted by dippin
Except that you are comparing apples and oranges. Exclusion from preexisting conditions is not refusing to pay retroactive coverage of existing damages, but additional charges stemming from a known problem. And it is not the same because the risk distribution is not the same. Everybody will get sick and die. Not everyone will get their car stolen or be involved in an accident.
Because EVERYONE will get sick or die, the issue of risk segmentation is completely different, especially when you figure in employer based health insurance.
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I'm comparing apples to apples when it comes to insurance principles. I'm sorry you refuse to see how ALL insurance works. When you have a certainty for risk(claims payout, pre-ex, retroactive coverage) isnurance companies(auto coverage, homeowner, health) all operate the EXACT SAME WAY, they will deny the claim. With the current legislation that will change with health insurance only, the result will be increased premiums to cover the increased payouts.