Comments on: How Does Insurance Work?

By: XFuncCaRteR

XFuncCaRteR — Mon, 05 Oct 2009 10:14:10 +0000

This looks like a piece of viral marketing for the US health insurance industry.

By: nolaeast

nolaeast — Mon, 05 Oct 2009 09:57:31 +0000

I Like It!!!!!

By: nolaeast

nolaeast — Mon, 05 Oct 2009 09:35:45 +0000

I Like it!!!!

By: smegmataa

smegmataa — Mon, 05 Oct 2009 08:41:03 +0000

Private healthcare is a problem. The population absorbs the cost of risks to an individual by spreading the impact of incurred costs amongst the insured population.However, if the population is split into insured and uninsured groups, or into selectively groups (as with private insurance with pre-insurance selection either by the insurance company or the insured) the concept of population solidarity breaks down. They deal with inherent problems:adverse selection and ex-post moral hazard.

By: smegmataa

smegmataa — Mon, 05 Oct 2009 08:14:20 +0000

Capilist healthcare has inherent problems. The population is split into insured and uninsured groups, or into selectively groups (as with private insurance with pre-insurance selection either by the insurance company or the insured) the concept of population solidarity breaks down. Insurance systems must then typically deal with two inherent challenges: adverse selection and ex-post moral hazard.

By: InFromTheVoid

InFromTheVoid — Mon, 05 Oct 2009 07:30:45 +0000

so insurance in voluntary socialism??By that I mean…From one’s one’s ability (to pay) to another man’s needs.

By: InFromTheVoid

InFromTheVoid — Mon, 05 Oct 2009 07:18:58 +0000

ANd don’t the insurance companies sometimes drop people once they get sick?

By: bearsagainstevil

bearsagainstevil — Mon, 05 Oct 2009 06:24:17 +0000

yup clearly this video leaves out people with pre-existing conditions and the fact the insurance company is trying to make a huge profit .Im british and for some things trying to make a profits fine but not for a healthcare system

By: BurnsideStudios08

BurnsideStudios08 — Mon, 05 Oct 2009 06:00:30 +0000

This is not the American model. Insurance companies get majority of there money from the healthy and when a healthy person gets sick they get dropped.

By: AliceGornick

AliceGornick — Mon, 05 Oct 2009 05:06:57 +0000

stop commenting on Political crap. Nobody cares about your views… Obviously… which is why your political agenda is limited to, The internet. The cornerstone of Political Ingorance