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Old 09-27-2009, 04:07 PM
Ronbo Ronbo is offline
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I have two examples that show what a change to "mandated" will result in.

For those that aren't business owners: Car insurance, most states mandated liability coverage during the 70's ~ 80's the rates did not decrease.

Business owners can que in here: Workmans comp insurance, so bad that if you can find a insurance co that will actually write it they'll typically only do it if you transfer ALL of your insurance over to them. (experianced that one personally) BTW God help you if you actually have a claim at some point.

We can discuss the government run unemployment insurance as well but it's pretty much like Workers except you don't have to beg a private carrier for coverage.

Every damn one of them is brimming with fraud like Medicare and SS. I see no indication that this will be the one program that works in a long line of failures.

The ambulance chaisers must be salivating at the thought of everyone having an insurance co. they can sue...
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