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Thomas Paul Murphy

Thursday, November 4, 2021

The More Drunken Driving Accidents the more Profits for Insurance Companies? 11 04 2021

 The More Drunken Driving Accidents the more Profits for Insurance Companies? 11 04 2021

Follow the logic here.  A Corporation needs to increase its total profit every year in order for the share price to steadily increase, the dividend to be continued to be paid and the employees to keep up with "inflation?"

The more drunken driving accidents the more they are allowed to increase the price of the insurance to everyone!  Everyone's rates go up.  And they collect more money.  Why?  Ostensibly to cover themselves for greater payouts to the drunken driving victims?  

Is there a monopoly there?  Whereby the pricing structure is maintained?  How do we know this is true?  Because have you ever heard an insurance company advertise itself as below market rates for non drinkers?  No.

The more health problems the more health insurance companies raise the rates and profit.  And around and around it goes.

So look at the gestalt of this.  They are profiting from something people should not be profiting from?

Without alcohol legal they would make less money?

I mean you would have to work one week out of four just to cover what is called health insurance?

Why should they have their hand in your pocket?

There is capitalism and then there is, they got their hand in your pocket, before you do.

Able bodies to work in manufacturing?  Less and less every year because of alcohol and drugs.  And again the insurance a business needs rises because of it?  Or rather does the consumer get the short end of the stick?  The Republican way is that the consumer bears the burden for everything?

© 2021 Thomas Murphy

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