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The whole "evil insurance companies" thing is ridiculous. Companies are amoral and profit seeking.

Wrong. Industries have distinct cultures, usually formed through self-selection due to the sort of people who choose careers in them. Compare police officers and firemen, for example. Similar sorts of work, but wildly different cultures due to self-selection effects.

Now, what sort of culture do insurance companies have? I think that there's good evidence that it's a sick and cancerous one.

Otherwise, good point about the necessity of government intervention in this market.




Now, what sort of culture do insurance companies have? I think that there's good evidence that it's a sick and cancerous one.

If you have evidence to support this claim, provide it. It might be interesting.

If you don't, you're just resorting to name-calling so you can win a boring argument about politics. We don't like that sort of thing here.

http://ycombinator.com/newsguidelines.html


"If you have evidence to support this claim, provide it. It might be interesting. If you don't, you're just resorting to name-calling so you can win a boring argument about politics. We don't like that sort of thing here."

I think the opinion of the parent falls under the heading of "arguments that do not require citation, because any educated citizen should be familiar with their content". Here's what I found in two seconds of Googling:

http://articles.latimes.com/2006/sep/17/business/fi-revoke17

http://select.nytimes.com/2006/09/22/opinion/22krugman.html?...

http://www.sickofbluecross.com/consumer_stories/

and here's a great podcst from last weekend on insurance companies and their rescission practices that I just happened to hear while making dinner (third story in; right around the 30 minute mark):

http://thislife.org/Radio_Episode.aspx?episode=386

...and that's just a taste of the information that's out there, available to anyone with even a passing inclination to look for it. Maybe the decisions documented in these articles don't constitute "evil", but I wouldn't characterize the them as "amoral", either. At the least, there's a strong argument to be made that the profit-seeking motive of American health insurance companies has gotten out of balance with its duty to protect the insured, and requires further regulation.


> If you don't, you're just resorting to name-calling so you can win a boring argument about politics. We don't like that sort of thing here.

Which is why "we" flag all of these articles:-)


Hospital Sues Health Insurance Company For Cheating Patients Out of Emergency Care http://www.litigationandtrial.com/2009/07/articles/litigatio...




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