tag:blogger.com,1999:blog-4302795000497411021.post5550041897067999369..comments2023-03-30T03:50:08.703-07:00Comments on Fredd: Obama is right on one thing: insurance companies are rottenFreddhttp://www.blogger.com/profile/10778430453468720627noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4302795000497411021.post-77476069221172277402012-12-13T08:24:24.954-08:002012-12-13T08:24:24.954-08:00Joe:
If you have ever read through an insurance p...Joe:<br /><br />If you have ever read through an insurance policy, which almost nobody has, you would notice the disclaimers, exceptions and so forth take up about 90% of the document: you know, the stuff that benefits THEM and not you. The paragraph that describes YOUR benefits is maybe a paragraph or two, at best. <br /><br />Also, go ahead and try to cross out any verbiage in the policy, then submit it for signature, see what happens. <br /><br />Its all on THEIR turf, and they have the upper hand in any claim, as well as all of your premiums in the bank. <br /><br />It's a racket, and I too had an insurance license for awhile and they do indeed want the agent to bend facts and fudge terms.Freddhttps://www.blogger.com/profile/10778430453468720627noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-45049917229223032792012-12-13T08:13:14.213-08:002012-12-13T08:13:14.213-08:00Sorry to hear about your issues with insurance com...Sorry to hear about your issues with insurance companies. <br /><br />I will say that they are certainly out to make money (but that's the only reason to be in business in the first place, I guess). They do that well.<br /><br />Their charges are outrageous and their profits are probably higher than can be justified.<br /><br />I tried selling insurance once, but could not bring myself to lie to the potential customer like they wanted me to. <br /><br />I would not buy dog food from "flo," or Progressive. There are some companies with more integrity than others, but it is hard to tell which is which.<br /><br />On the whole, the contract (policy) is the guiding force, and the customer has the burden of seeing that it is what he/she needs. The company is only out for itself.<br /><br />When a company refuses to cover something, it is theoretically in line with what the policy states, sometimes in fine print or legaleeze. But they look for every opportunity not to pay...that's for sure.<br /><br />Coverage item for coverage item, all companies charge about the same, because competition is almost non-existant for anything other than their brand name.<br /><br />Proper competition would solve a lot of issues, but it is a long way off, if it ever gets here.Joehttps://www.blogger.com/profile/09693381971064363612noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-17943521212954444782012-12-11T16:34:53.937-08:002012-12-11T16:34:53.937-08:00Joe:
I've had my differences with insurance c...Joe:<br /><br />I've had my differences with insurance companies, and not just once or twice. When I buy a policy, then think I'm covered, I am always surprised whenever something goes awry.<br /><br />Motorcyle insurance: I was denied a claim as a young man because I was 'over insured.' Huh?<br /><br />Boat insurance: denied again, because I could not prove what damaged my boat. (5 figure price tag I had to eat). Progressive ('Flo') was the one who slugged me in the gut on that one. <br /><br />Home owners insurance: talked out of filing a claim, based on it would have cost me more filing a claim than to just eat the damage.<br /><br />Medical insurance: denied a dead to nuts no-brainer claim, which the insurance company pre=approved, then denied they ever did (it was over the phone, and accordingly never verified).<br /><br />Joe, I could go on, but I won't. Insurance companies blow chunks. They suck. Bad. <br />\<br />You've been lucky so far. Knock on wood, Joe. Freddhttps://www.blogger.com/profile/10778430453468720627noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-20221208089190788982012-12-10T18:17:16.319-08:002012-12-10T18:17:16.319-08:00In over 50 years of having my "own" insu...In over 50 years of having my "own" insurance policies, I never had an insurance company fail to do what the contract (policy) I signed said they would do.<br /><br />I also never had one do more than the contract said they would do.<br /><br />I didn't always read all of the contract, but depended on the honesty of the person selling me the insurance.<br /><br />Big mistake.<br /><br />Insurance companies do not provide health care, they provide financial coverage for certain health care.<br /><br />I am now on Medicare, and pay for an outrageously expensive supplement plan. But I have not had to pay a penny to a doctor or hospital (although I still have to pay for my medicines).<br /><br />The problem that developed with insurance companies is that they were prevented from being in competition with one another in terms of costs and provisions. They were also prevented from doing business across state lines. All of this was the result of federal regulations.<br /><br />What is needed to bring them back in line with reality is to remove those above mentioned restrictions and allow the market to determine costs.<br /><br />As usual, the government is at the root of the major problems with business. <br /><br />That isn't going to change with ObamaCare.Joehttps://www.blogger.com/profile/09693381971064363612noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-71322295276220175202012-12-09T20:44:09.981-08:002012-12-09T20:44:09.981-08:00Fredd, It Is apt, and so are you man.Fredd, It Is apt, and so are you man.Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-13962519591003518102012-12-09T20:41:40.389-08:002012-12-09T20:41:40.389-08:00Kid:
Love that last sentence, do you? Of course ...Kid:<br /><br />Love that last sentence, do you? Of course you do, because it is apt.Freddhttps://www.blogger.com/profile/10778430453468720627noreply@blogger.comtag:blogger.com,1999:blog-4302795000497411021.post-21275058767003450742012-12-09T16:04:37.061-08:002012-12-09T16:04:37.061-08:00Your Last sentence Fredd.
From the frying pan int...Your Last sentence Fredd.<br /><br />From the frying pan into the Nuklar 8 Million Degree Kelvin Roasting Fondu Wok with Thermite Confit and a 16 oz glass of Ghost Pepper Juice just to cool it off a bit fire.<br /><br />Kidhttps://www.blogger.com/profile/05287399775879832602noreply@blogger.com