View Poll Results: What is the best way to run an insurance company?

Voters
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  • Charge the highest premiums possible. Pay out the least possible.

    13 59.09%
  • Charge the lowest premiums possible. Pay our the most possible.

    7 31.82%
  • Do what is best for the world even if it loses you money.

    2 9.09%
  • Close it down so that everyone will be screwed.

    0 0%
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Thread: What is the best way to run an insurance company?

  1. #81
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    Re: What is the best way to run an insurance company?

    Easy...don't open one up in the first place.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

  2. #82
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    Re: What is the best way to run an insurance company?

    Quote Originally Posted by Kal'Stang View Post
    Easy...don't open one up in the first place.
    Would you consider opening a ceramic doll business instead?

  3. #83
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    Re: What is the best way to run an insurance company?

    Quote Originally Posted by vasuderatorrent View Post
    We didn't always have health insurance. Here is a pretty interesting article about the evolution of the health insurance industry.

    In Sickness and in Health: The History of Health Insurance
    I've read Such records of history. Once medicine left the home, became more technology driven, money became an important element.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  4. #84
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    Re: What is the best way to run an insurance company?

    Quote Originally Posted by vasuderatorrent View Post
    Would you consider opening a ceramic doll business instead?
    Over a health insurance company? Most definitely.
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

  5. #85
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    Re: What is the best way to run an insurance company?

    It looks like the best solution for running an insurance company according to our audience is to charge the highest premiums possible and pay out the least possible. Thank you to all 12 participants.

    8
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    thanks so much

  6. #86
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    Re: What is the best way to run an insurance company?

    Quote Originally Posted by DVSentinel View Post
    Hire a competent CEO.
    what a cop out!

  7. #87
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    Re: What is the best way to run an insurance company?

    The winner is, Charge the highest premiums possible. Pay out the least possible.

    9
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    Thank you for your participation.

  8. #88
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    Re: What is the best way to run an insurance company?

    Quote Originally Posted by JumpinJack View Post
    I do believe that even in the making of profits, companies, like people, should be ethical and morally responsible and "do no harm."
    Maybe you should tell them and they will start doing it.

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