I buy a new car, and have an accident, either through my own fault, or by accident. I then take a taxi to a car insurance company and DEMAND that they sell me an insurance policy on my totaled car, effective retro-actively to the time before I had my accident.
After all, it’s so much cheaper for me to pay $200 now to the insurance company, than pay $25,000 to replace my car.
Doesn’t that about sum the whole situation up?
to take your auto insurance analogy to the next logical step; your insurance company drops you or increases your rate. Do you want your health insurance to drop you after a yearly visit or after you child’s tonsils need to be removed, as the genius in the White House suggests?
I’ve paid for my family’s health insurance for >20 years. There has never been even one month that I didn’t pay. Because my wife has type 1 diabetes I probably can never change jobs because no one will want to cover my wife. Is that fair or should there be some portability of insurance?