Quote:
Originally Posted by Otterhound
It's all of the above and the honest and self reliant man ends up getting burned because he refuses to " play the game " .
As far as insurance companies are concerned , they don't make their money on premiums . They make their money on the investments that your money supplies for them to use .
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Not really true in health insurance. The premium dollars are paid out fairly quickly for medical benefits, Admin including advertising, etc., unlike life insurance, some casualty insurance, etc. A relatively small percentage is left over as "profit" which might be invested.