----- Original Message -----
From: "Marshall Clow" <[EMAIL PROTECTED]>
To: "Nathan Saper" <[EMAIL PROTECTED]>
Cc: "Cypherpunks" <[EMAIL PROTECTED]>
Sent: Thursday, October 19, 2000 12:23 AM
Subject: CDR: Re: why should it be trusted?
>
> So these people are entitled to something for nothing?
> (or in this case, $1500 of treatment for $1000 of premiums)?
>
> Why?
It's not a zero-sum game for the insurance companies. Most insurance
companies make quite a bit of money investing premiums.
In addition, they spread the risk. They are betting that more people will
stay well than get sick.
And I'm not talking about people "engaging in risky behavior". I'm talking
about someone who has a genetic predisposition for a disease THAT THEY HAVE
NO ABILITY TO MITIGATE.
I have no problem charging someone who smokes, takes drugs, or over eats.
THEY HAVE A CHOICE.
I am also not saying that Mr. Insurance CEO can only make $XXX in profit.
I'm sure they can make a profit.
In fact they are making profits right now WITHOUT using genetic testing.
Neil M. Johnson
[EMAIL PROTECTED]
http://www.interl.net/~njohnson
PGP Key Finger Print: 93C0 793F B66E A0C7 CEEA 3E92 6B99 2DCC
