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RE: When insurance is no longer insurance

in #economics7 years ago

"Once you allow people with pre-existing conditions to purchase your insurance, you’re no longer in the business of insurance."

You really couldn't put it any clearer than this. It's amazing today that this actually has to be explained to people who appear capable of clothing and feeding themselves, isn't it?

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People seem to want to repeat the buzzwords they hear on the news and social media rather than think things through. It's really not that complicated when it's laid out in a format like this.

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