Why is it that no one ever suggests that it's time to bring parasitic
entities such as "insurance companies" to heel?

Insurance companies aren't any more parasitic than any other
companies.

.... Something that meets the needs of the
insured rather than the greed of the stockholders of the insurance
companies.


If "the greed of the stockholders" is a problem, you can
calm yourself thinking about the lack of barriers to buying
insurance company stock yourself.

Frankly, most publicly held corporations hand over far more
money to their Board of Directors and particularly to the
few selected company officers than they do to their
stockholders.


Paul Cassel wrote:
Then every policy could be like social security.

Yep.
Sort of like the way not-for-profit insurance companies
operate now.

.. Buster - government is
the PROBLEM. It's not the solution to anything.

Ah, that's what I like. A nice calm well-reasoned and
non-ideological answer for everything!

Insurance of all types is legalized gambling. They don't
even get a house percentage... they do hire some very clever
mathematicians to try and tilt the odds slightly in their
favor, but if they tilt too much then they lose business to
somebody offering the same coverage at lower price.

Now, if somebody were to talk about reducing the obscurity &
complexity of the legal language in insurance contracts, and
maybe talk about outlawing certain kinds of advertising (or
just effectively enforcing current laws against fraud), NOW
we'd be getting somewhere.

Fresh Breezes- Doug King