Forgive someone who doesn’t live in the U.S. and doesn’t have to deal with your ridiculous health care system but what does he mean when he says “…my deductable is two bundles”?
Serves you right. Let’s all just stop with this commercialized Chri$tma$ nonsense. No gifts, just worship and family feasting. Only gifts allowed should be handmade.
There is the thought that Black Friday is only for the nutzoids. But hidden in here is something else – the thought that insurance companies make WAY too much money, several times over.
First, they charge you far more than the actuarial tables say they will have to pay out if they paid you 100% of a claim. Then they invest YOUR money and keep the profit. Next they insist that for almost any claim you will have to pay a ‘deductible’ (IE: an amount they deduct and keep as pure profit) from the amount of your claim. Finally, if you do decide to make a claim anyway, then your rates go through the roof, come renewal time, enough for them to recoup every penny they paid out within 3 years. It’s perhaps the world’s biggest scam.
Oh, and if you do make a claim, that information is shared with every other insurance company on the face of the planet. All other insurance companies also will jack your rates, which is (legal?) price-fixing. This is especially true of auto insurance.
Many states now allow insurance companies to weasel out of their responsibility to protect their insured. It’s called ‘no-fault’ insurance laws. Originally it was supposed to protect the consumer against situations where someone was driving without insurance (what we call ‘uninsured motorist coverage’ today). But the insurance industry has warped it into a means of getting out of pursuing the other guy’s company for payment for his/her failure to drive properly.
For instance, suppose some jerk follows too close and can’t stop or avoid when you step on the brakes. Fault is clear-cut by law in such a case, but what actually happens? Your insurance company pays your bills, the other guy’s pays those. And you both wind up with a claim on your records. No court or attorney fees, so the insurance companies make out like bandits on both ends.
dwane.scoty1 almost 5 years ago
“They were nice @ the Emergency room, tho!”
Zebrastripes almost 5 years ago
There it is! The lunacy created by retail stores….BOO HISS!
gnome almost 5 years ago
…well…i guess you need to spend money to save money…
…shakes head…feels bad for idiot friend..
Linguist almost 5 years ago
Forgive someone who doesn’t live in the U.S. and doesn’t have to deal with your ridiculous health care system but what does he mean when he says “…my deductable is two bundles”?
FestoNrwlk almost 5 years ago
“like a good neighbor” – cheeky devil with sarcastic wit
TheLetterista.com almost 5 years ago
Serves you right. Let’s all just stop with this commercialized Chri$tma$ nonsense. No gifts, just worship and family feasting. Only gifts allowed should be handmade.
SrTechWriter almost 5 years ago
There is the thought that Black Friday is only for the nutzoids. But hidden in here is something else – the thought that insurance companies make WAY too much money, several times over.
First, they charge you far more than the actuarial tables say they will have to pay out if they paid you 100% of a claim. Then they invest YOUR money and keep the profit. Next they insist that for almost any claim you will have to pay a ‘deductible’ (IE: an amount they deduct and keep as pure profit) from the amount of your claim. Finally, if you do decide to make a claim anyway, then your rates go through the roof, come renewal time, enough for them to recoup every penny they paid out within 3 years. It’s perhaps the world’s biggest scam.
Oh, and if you do make a claim, that information is shared with every other insurance company on the face of the planet. All other insurance companies also will jack your rates, which is (legal?) price-fixing. This is especially true of auto insurance.
Many states now allow insurance companies to weasel out of their responsibility to protect their insured. It’s called ‘no-fault’ insurance laws. Originally it was supposed to protect the consumer against situations where someone was driving without insurance (what we call ‘uninsured motorist coverage’ today). But the insurance industry has warped it into a means of getting out of pursuing the other guy’s company for payment for his/her failure to drive properly.
For instance, suppose some jerk follows too close and can’t stop or avoid when you step on the brakes. Fault is clear-cut by law in such a case, but what actually happens? Your insurance company pays your bills, the other guy’s pays those. And you both wind up with a claim on your records. No court or attorney fees, so the insurance companies make out like bandits on both ends.