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If insurance company A is cheaper and company B is cheaper than A and C and C is cheaper, why is insurance so expensive?

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6 Answers to "If insurance company A is cheaper and company B is cheaper than A and C and C is cheaper, why is insurance so expensive?"

  1. josilver - 56-60 years old

    Posted by josilver Oct 18th, 2012 at 10:05AM

    Anything enterprise classified as a business is inherently dishonest, crooked, and out to screw the customers. Never, ever, trust a businessman. They're worse than lawyers. Maybe tied.

    Like (1)

  2. Ketsan - 26-30 years old - male

    Posted by Ketsan Apr 12th, 2012 at 12:02PM

    Insurance is expensive because that's how much it costs. If company A and B are charging one price and company C can do it cheaper they will. Unless they've got protection from the government.

    Medical insurance is so expensive because the drug companies have protection from the government to keep their competition at bay so they can charge what they like for drugs and treatments and the higher costs are passed on through insurance to the consumer.

    Like (1)

  3. stankadiddlehopper - 51-55 years old - male

    Reply by stankadiddlehopper Apr 12th, 2012 at 12:07PM

    I just hope Obama gets his way with it all

    Like (1)

  4. Ketsan - 26-30 years old - male

    Reply by Ketsan Apr 12th, 2012 at 12:29PM

    Obama isn't proposing any real change. He signed a medicare deal with the drug companies which bans the government from negotiating prices so Obama is part of the problem. If you want to improve health care in the US what you need is a liberaliser, not a legislator.

    Like (1)

  5. cpthaddock - 51-55 years old - male

    Posted by cpthaddock Apr 12th, 2012 at 11:54AM

    Sounds like a game of paper scissors stone

    Like (1)

  6. giochima - 22-25 years old - male

    Posted by giochima Apr 12th, 2012 at 11:24AM

    if insurance company A is super expensive and company B is less expensive than A but still expensive and C is just expensive, why is insurance so expansive?


    i think this is what u intended.

    Like (1)

  7. stankadiddlehopper - 51-55 years old - male

    Reply by stankadiddlehopper Apr 12th, 2012 at 11:25AM

    No, what I meant is all three advertise they are cheaper than the other two. If that were the case, insurance would get cheap.

    Like (1)

  8. bongus - 41-45 years old - male

    Reply by bongus Apr 12th, 2012 at 11:30AM

    it's set up so each company can legally claim to be cheaper by focusing on different policies. it's a scam.

    Like (1)

    1 more reply
  9. GREGG2012 - 46-50 years old - male

    Posted by GREGG2012 Apr 12th, 2012 at 11:24AM

    ONLY because of GREEDY "Lobbyists" and ALL of the Insurance Company's Executives from their CEO's on down! This is, after all, a "Capitalistic Country"! lol

    Like (1)

  10. elyay2001 - 36-40 years old - male

    Posted by elyay2001 Apr 12th, 2012 at 11:23AM

    Because you are a bad driver?

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  11. stankadiddlehopper - 51-55 years old - male

    Reply by stankadiddlehopper Apr 12th, 2012 at 11:26AM

    Nope. Not an at-fault accident in forever. Insurance is just a ripoff scam and their commercials are hoaxes.

    Like (1)

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