wrote in message
...
On Sat, 10 Apr 2010 20:56:51 -0400, hk
wrote:

What insurance does is create a target rich environment for lawyers.
Between the two of them you are right, it is a huge drag on the
economy. We would actually be better off without any insurance at all
but then people would have to plan for their own futures and their own
problems,



Health insurance should be a commodity product similar in a number of
aspects to car insurance.

That is the GOP "across state lines" plan isn't it?
Car insurance is a lawyer scam too. They are on TV every day
soliciting people to suddenly discover a sore neck or other ailment
that will result in a quick, lucrative settlement.
The classic ad on TV here is the one that says "call a lawyer before
you call your insurance company" and we wonder why car insurance is
over $1000 a year in some places

Probably 40% of the drivers on the road are uninsured. Most do not need
inusrance. They get in a crash. If it is their fault, and you are insured
your uninsured coverage pays. Other guy walks as he has no assets. You hit
the other guy and his lawyer gets him a million bucks of your insurance and
assets. Cure the uninsured motorist problem in 5 minutes. Pass laws that
say you can sue for as much insurance as you carry. No insurance, your car
is totaled, tough ****. I would require the person at fault to pay direct
medical costs. No pain and suffereing, no lost wages, no damages. You
would see insurance cost decrease dramatically.