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by jrs235
1547 days ago
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>But insurance companies want you to need as little care as possible. Sadly this isn't true. Regulated insurance companies that must pay out a minimum percentage of premiums (in other words their profits are limited by cost plus pricing) don't care if prices stay down. They only care about stability and no surprises in a given year and are okay with prices continuing to go up and up and up. *Amount of care and prices/costs are not exactly the same thing but they are highly correlated. |
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