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Greedy CEOs! :lol:
Only the good ones.
Greedy CEOs! :lol:
What is the best way to run an insurance company?
vasuderatorrent
Into the ground...
I know bookmakers who wish they could be so ruthless...
To not to in the first place.
Option 4?
In that case, I can't answer, since you didn't provide that choice. My answer would be:
Make the most profit that is ethically and morally responsible for the company, the country, and the insureds.
(I do believe that even in the making of profits, companies, like people, should be ethical and morally responsible and "do no harm." This is the concept behind not price gouging in the midst of a disaster.)
No Option 4 means you had an insurance company, I'm saying it is best not to have one in the first place.
What is the best way to run an insurance company?
vasuderatorrent
I don't think the choices you offer reflect what businesses actually do...
Demonstrates the problem with medicine for profit.
Well straight off the bat accidents are never planned and the broken bones do need to be taken of there and then lest major problems in the future
People are most decent, but too often it boils down to need care versus profit. The choice being made at all is ripe with pit falls and opportunity for bad things to happen.Well straight off the bat accidents are never planned and the broken bones do need to be taken of there and then lest major problems in the future
People are most decent, but too often it boils down to need care versus profit. The choice being made at all is ripe with pit falls and opportunity for bad things to happen.
Did you answer this poll? If not, you might be more comfortable answering my other poll regarding a Ceramic Doll Company.
No, because the true answer isn't up there. And no, medicine us different than any factory.
too often it boils down to need care versus profit.
Very funny. :funny Some reason I don't think that you are joking. :Oopsie I shouldn't have laughed.
I'm talking about a Health Insurance Company. I'm not talking about hospitals.
I would vote option 1 for a Health Insurance Company.
I would vote option 3 for a Hospital.
People would be willing to donate large sums of money to people that save lives. People will not donate money to scum bag salesmen.
Medicine is different than a factory. And the right answer isn't up there.
Well straight off the bat accidents are never planned and the broken bones do need to be taken of there and then lest major problems in the future
A Health Insurance Company has never saved anybody's life. An insurance company has never sold medicine. I'm not sure why you are confused. Don't feel bad. Most people think these two industries are related.
Doctors save lives. An insurance salesman has never saved a life.
If they provide the financing, as insurance does, and they deny payment, they are choosing between payment and care. Preexisting conditions fall under this category.
They are choosing between paying a claim that will make their company look good in the eyes of potential customers or paying a claim that is a complete loss.
No medical procedure is involved in this decision. Write a check or don't write a check. This business would be better run by a robot that runs complex algorithms to make decisions.
If somebody wants to help people pay for their medical expenses he/she should start a charity not a business.