ScanIAm said:brian.shapiro said:*snip*
I beg to differ with you. Dropping people who get sick or not covering pre-existing conditions is a profit ploy, pure and simple.
Name me one unprofitable health insurance company in the US during the last 2 years? I can name quite a few other companies that lost money due to the down economy but somehow insurance companies were immune? Was this due to good business practices? Excellent fudiciary responsibility? No. They simply downsized their (sick) customer base and raised rates to maintain a profit.
No, they do not drop their sick customers. It is not possible. Never has it been, nor is it now legal to drop someone from a policy after getting sick. The only way an insurance company would drop someone was if they bought a policy with a pre-existing condition, in which case good. I would call that theft; trying to get something by lying. The insurance companies took losses through the downed economy.