Pre-existing Conditions

For years and years, I’ve driven all of my vehicles without having car insurance. Getting coverage was just too expensive, and I hadn’t ever had an accident. I couldn’t justify paying so much money for something that I just didn’t need. I know that the state laws “require” all vehicles on the road to have insurance coverage, but I have never been pulled over for speeding, or anything, which would have required me to show proof of insurance.

Things all changed, the other day, when I was involved in a multi-car accident. There was a major amount of damage, but all of the people involved were alright.

Now, since there’s a law that requires insurance companies to accept people with pre-existing conditions, all is good! All I have to do is shop around for the best rate on insurance that I can get, sign the contract, and all of the repairs to my vehicle will be covered! It sure is great that the government is forcing these nasty insurance companies to pay my $2,000 repair bill, and all I have to do is pay about $400 for the six month contract.

Once the repairs are made, of course, there won’t be any reason for me to keep the insurance, so I won’t even have to renew the contract.

What? You ask, “Won’t the insurance companies lose a lot of money and possibly go out of business if a lot of people do this?” Well, of course they will. But why should I care? Once all of the insurance companies go out of business because they can’t afford to keep going, the government will take over. You know… the government… the ones that use the taxes that we pay them to pay their bills.

Of course, once the government “takes over” insurance, they’ll also have to cover those pre-existing conditions. The same thing will keep happening. Will the government be able to afford to keep running losses? Of course not. The national debt is already higher than ever before. They will have to try, though. Where will they try to get more money from? They’ll get it from the same place they always have… from the taxpayers. Of course, now that everybody from the insurance industry is unemployed, they’ll have to raise them to an even higher percentage than ever before.

Of course, everything that I wrote, above is not true, but hopefully you can see where I’m going. When the government forces a private industry into a business practice that will undoubtedly cause that industry to lose money, something is very wrong. Forcing insurance companies into covering people that they would not normally think about giving coverage to is very dangerous. Just look back and see what happened when lenders were forced to give loans to people that they would not normally take that kind of chance on. How many banks have failed since the start of 2009? Here’s a list.

See also: Insurers Gaming The Healthcare Bill

5 Auto Insurers Admit They Failed To Report