Thoughts on Insurance

Mike posted a FANTASTIC note on 9rules today. It’s a video of one of Michael Moore’s more recent movies. Granted, the guy is an extreme leftist, he really is and I think he’d be proud of that fact. I don’t agree with everything he says nor with all of his movies but I do encourage you to watch this video on 9rules.

Why, you ask? Because while you’re watching the video if you’re able to look past the heart-wrenching human drama being displayed (should we look past it?) you can see two underlying truths that we all need to come to grips with.

1. Insurance companies don’t care about you

Health insurance companies, car insurance companies, life insurance companies, etc. aren’t really interested in helping people. They’re not. They’re businesses. Their #1 goal is to make money; plain and simple.

Normally this works out alright for you, the customer, because you figure that hey, if they provide good customer service (serve their customers well) then they’ll get more business and thus increase profits. It’s a capitalist system and usually it works. Unfortunately sometimes it fails. It’s not a perfect system. We need to understand that.

I’m not a socio-economist or whatever so I don’t know if national health care is a better system than privatized health care. But one thing is for sure, national health care isn’t perfect either.

2. Insurance companies aren’t really insurance companies

They’re investment companies. WHAT?! Yup. What do you think they do with your $300/month premium? You think they put it in the bank and let it sit there and accrue the 1.5% APY that your personal savings account does? Nope. They invest that money and make upwards of 20% interest with it. They take your money and then invest it to make a profit. That’s how they make their millions. Again, they’re in it for the money, not for the humanity.

Now, I’m not saying we should go forward with national health care. Honestly, I’m not enough of an expert to know what to do with our current health care system. What I do know is that it’s getting more than a little screwed up.

Pagan Christianity

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