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turbo
#7
Jul21-09, 04:30 PM
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Quote Quote by seycyrus View Post
There is a logical fallacy here.

The assumption that since mistakes and abuses occur in the present system, they will not occur in the proposed system.

This is a ludicrous claim.

In fact, from my experience with govt. I envision the number of mistakes getting greater, and the abuses getting far worse.
The insurance companies do not engage in "mistakes and abuses". They intentionally deny and delay payment as long as possible to make money off the interest on their holdings, and the magnitude of the fraud is incredible. A couple of decades ago, banks were required to clear checks on a timely basis to stop them from capitalizing on the "float" - insurance companies are presently exempt and are raking in the dough.

If you think that a government-based program will perpetuate this kind of crap, please link to some legitimate sources to support your claim.