There was a similar article in yesterday’s Wall Street Journal that stated that as a result of the 2004 & 2005 hurricanes Citizens in FL hit its own policyholders, as well as those insured by other companies in the state for $2.7 billion in premium surcharges. Citizens is the largest property insurer in the state of FL writing 15,000 to 20,000 new policies a week.
The article quoted Dr. Hartwig who put it very well…”The system shifts the risk literally from those who are most at risk to individuals who are at less risk, or even at no risk.”
The state has a new $71.5B budget to go along with the $433B in property exposure insured by Citizens. A couple bad storms and the Governor will be hitting the federal government for a bail out. You have to appreciate how Crist isn’t even attempting to fake financial accountability. As Popeye used to say, “Blow me down!”
Heath, I suggest you try living in a country with a government health plan for a few years. I have lost three family members back in England because they had to wait in a long line to get life saving surgery. They died waiting. If they had the money, they would have come to the US for treatment.
Ted Kennedy and his cronies created our HMO system in the 1970’s with the expectation that it would destroy private health care and bring about socialized medicine in the US. This is SOCIALISM which is a step towards COMMUNISM. Read Marx’s Communist Manifesto. I read it, have you? He explains it all.
What are you talking about, coastal areas are subsidizing the rest of the country? Rates are set in each state. High rates in LA or MS or Florida have nothing to do with rates in the Midwest. The state-run pools are individual animals in each state. If Citizens in Florida wants to compete with the private market in Florida, that’s their problem.
The insurance industry is committed to working in partnership with public policymakers, No no this is a big NO. Get Policymakers out of the insurance industry. Tell Policymaker do not look at all the money-work for the people not all the boys with the $$$$$$$$$$$$$$. make laws that stop all the waste. You do not have to be a insurance agent be a policymaker to do things right.
Heath, please quit posting as your comments are crude and disgusting. While everyone is entitled to their opinion, you have not given much opinion, and have been crudely insulting.
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There was a similar article in yesterday’s Wall Street Journal that stated that as a result of the 2004 & 2005 hurricanes Citizens in FL hit its own policyholders, as well as those insured by other companies in the state for $2.7 billion in premium surcharges. Citizens is the largest property insurer in the state of FL writing 15,000 to 20,000 new policies a week.
The article quoted Dr. Hartwig who put it very well…”The system shifts the risk literally from those who are most at risk to individuals who are at less risk, or even at no risk.”
By the way I agree with Heath. LOL
Chruch,s need to step in.No more giving the piper a free ride. This is the U.S .We need to wake up. This greed well come back on all of us.
The state has a new $71.5B budget to go along with the $433B in property exposure insured by Citizens. A couple bad storms and the Governor will be hitting the federal government for a bail out. You have to appreciate how Crist isn’t even attempting to fake financial accountability. As Popeye used to say, “Blow me down!”
Heath, I suggest you try living in a country with a government health plan for a few years. I have lost three family members back in England because they had to wait in a long line to get life saving surgery. They died waiting. If they had the money, they would have come to the US for treatment.
Ted Kennedy and his cronies created our HMO system in the 1970’s with the expectation that it would destroy private health care and bring about socialized medicine in the US. This is SOCIALISM which is a step towards COMMUNISM. Read Marx’s Communist Manifesto. I read it, have you? He explains it all.
Everyone enjoy your weekend!
Hey Heath-What a brilliant wit you possess. I stand in awe of your debating skills and command of the English language as well as your social skills.
Heath is a might brave one hiding behind his keyboard. I think he(??) accidentally jumped the link from his MySpace browse.
What are you talking about, coastal areas are subsidizing the rest of the country? Rates are set in each state. High rates in LA or MS or Florida have nothing to do with rates in the Midwest. The state-run pools are individual animals in each state. If Citizens in Florida wants to compete with the private market in Florida, that’s their problem.
The insurance industry is committed to working in partnership with public policymakers, No no this is a big NO. Get Policymakers out of the insurance industry. Tell Policymaker do not look at all the money-work for the people not all the boys with the $$$$$$$$$$$$$$. make laws that stop all the waste. You do not have to be a insurance agent be a policymaker to do things right.
Heath, please quit posting as your comments are crude and disgusting. While everyone is entitled to their opinion, you have not given much opinion, and have been crudely insulting.