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What is the best way to run an insurance company?

What is the best way to run an insurance company?

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

    Votes: 9 64.3%

  • Charge the lowest premiums possible. Pay our the most possible.

    Votes: 4 28.6%

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

    Votes: 1 7.1%

  • Close it down so that everyone will be screwed.

    Votes: 0 0.0%
  • Total voters
    14
Boo Radley said:
Business shouldn't be making those decisions. You can't bankrupt your company, but it's a heartless thing to do. Not like a factory.
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Would you agree with me when I say that Health Insurance should be outlawed?
 
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.

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

9
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2
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Thank you for your participation.
 
JumpinJack said:
I do believe that even in the making of profits, companies, like people, should be ethical and morally responsible and "do no harm."
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Maybe you should tell them and they will start doing it.
 
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