tag:blogger.com,1999:blog-5791205829167373593.post7505761062643839800..comments2023-08-05T10:10:14.345-04:00Comments on The Flamenco Chuckwagon: Sacred CowsChuck Wagonhttp://www.blogger.com/profile/06418906274684022977noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5791205829167373593.post-51601365374167560602009-10-15T17:33:50.023-04:002009-10-15T17:33:50.023-04:00I just read this. It's pretty close to my fee...I just read this. It's pretty close to my feelings on the whole mess that I haven't really articulated myself. So I say, bravo.<br /><br />word verification: ovestly, which sounds oddly similar to "obese". I swear we're being mocked here...Unknownhttps://www.blogger.com/profile/12165561364856258510noreply@blogger.comtag:blogger.com,1999:blog-5791205829167373593.post-86856246083166236542009-10-15T11:07:02.303-04:002009-10-15T11:07:02.303-04:00Seems to me that if you federalize it and say &quo...Seems to me that if you federalize it and say "don't worry about pre-existing conditions" (many of which are caused to some extent by behavioral factors) then you're subsidizing bad behavior. I think the term is "moral hazard."Jimhttps://www.blogger.com/profile/10461836999036966262noreply@blogger.comtag:blogger.com,1999:blog-5791205829167373593.post-58232028218053266912009-10-14T13:04:33.416-04:002009-10-14T13:04:33.416-04:00Oh, I'm definitely not talking about the expen...Oh, I'm definitely not talking about the expense of health care relative to car insurance. More that the slope of the curves could be similar. <br /><br />The main point is that we have people who, from the standpoint of their cost to the insurance system, display behavior that is substantively negative but they bear no brunt of that. Other people display markedly better behaviors yet receive no benefit vis a vis insurance. <br /><br />Agribiz supplies us with what they've convinced us we want. If insurance providers had a mechanism for punishing people who buy what agribiz is selling, then maybe people would make a better decision.<br /><br />Umbrella point - when your actions are untied from your consequences, you get shitty results. See also TARP. <br /><br />Do whatever you want but pay the consequences. <br /><br />My word is sycle.Dave Khttps://www.blogger.com/profile/04475403509478977792noreply@blogger.comtag:blogger.com,1999:blog-5791205829167373593.post-26774416585120166412009-10-14T12:32:26.438-04:002009-10-14T12:32:26.438-04:00I'm okay with some risk pooling but frankly th...I'm okay with some risk pooling but frankly the insurance companies should have to fight it out with agribiz over who gets to control our wastelines and what we shove in our gullets. It's not a very libertarian position to cede control to the govt in particular, and maybe not to a business that has Market Power in any given market (such as a state with 4 insurance companies in that regulated industry). <br /><br />BTW, one reason that your health insurance costs a lot more than your car insurance, is because it doesn't cost you $500 every time you want to visit your doctor. It does cost you $500 every time you claim on car insurance, and maintenance items - oil changes, checkups, lube jobs, gas additive to make it run better - aren't covered.Jimhttps://www.blogger.com/profile/10461836999036966262noreply@blogger.com