> Judah wrote: > There are some big differences between auto insurance and health > insurance.
No there's not and there's no "fundamental flaw". The only difference between Dell's business and insurance is that Dell is more certain of his cost risk: Inputs: HI: you pay a monthly premium. Dell: you pay a one-time "premium". Business: HI: makes money by investing the premium Dell: makes money by investing the premium. Major Costs: HI: Health services, admin Dell: Computer parts, admin Risk: HI: health services cost more than invested premium returns Dell: computer costs are more than invested premium returns. You think the customer is buying payouts; he's not. The customer is selling risk, and insurance is buying. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:288734 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
