In article ,
jimh_osudad@yahooDOTcomREMOVETHIS says...



"prodigal1" wrote in message
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On Tue, 11 Apr 2006 15:17:04 -0400, JimH wrote:

Public insurance translated means government run insurance.............no
thanks.

I'm presuming you're American (osudad) and have never had any experience
with public insurance, so I have to ask myself on what your rejection of
the idea is based.

I take it your not an American...........otherwise you would know that
whatever our Government touches turns corrupt or bloated with
beauracracy........and most inefficient. The one exception is the Post
Office.

A, The Post Office is a government corporation. It cannot cherry pick its
customers and must deliver everything to everywhere without profit incentive.
It is a service.

B. Social Security and Medicare are highly efficient. They are not bloated
bureaucracies. Indeed, most government is not bloated and inefficient.
Medicare's overhead is 2%. Private insurance companies have overhead of 15% to
20% while racking up huge profits for shareholders and obscene compensation
for officers while carefully picking their risks and then denying some 30& of
claims. Why do we owe the insurance companies a living?

C. To govern is to serve. Keep that in mind. Government is not a business and
cannot be run like a business. The business of business is profit, not the
well-being of the customers. That is the essential conflict of the insurance
business.