can you get car insurance for a preexisting car accident
think about this
cars are not people
So fucking what
That’s not how insurance works you waterhead
Okay, ladylinencloset, let’s play…
Can you get life insurance for your dead relative?
Think about this.
Why don’t we force everyone to buy a Mercedes S-Class?
The Mercedes Benz S-Class is one of the safest cars on the road. Driving such a safe car would save hundreds, if not thousands, of lives a year. If we got everyone to buy one, it will bring the cost down from 100k a car to 70k. I know most can’t afford it but those of us that want it can get a 30k discount.
How do we get everyone to buy a new Mercedes Benz?
What if Mercedes helped write a legislative bill and contributed to enough campaigns in Congress. Then imagine if the original idea was pitched by a Mercedes Benz super fan who is also the President of the nation. Now top that off with the fact that no one really knows what’s in the 10,000 pages of the Affordable Car Act but the premise sounds good and the super popular President is behind it so why not?
Now imagine that the Affordable Car Act passed as law and all 300 million citizens were forced to give up their cars if they weren’t as safe as a Mercedes and to buy the S-Class. If you didn’t but an S-Class, you’d have to pay 1% of your salary to the IRS every single year until you bought an S-Class.
Let’s take it one step further and imagine that car companies started to reposes your current car if it didn’t meet the safety standards of the Affordable Care Act even though you love your current car, you picked it out yourself from a variety of choices and you’ve have it for a while and it’s right in your budget.
Now imagine that Mercedes now has a monopoly that’s enforced via a government mandate and that they can slowly increase prices, degrade the quality of their product and that you’d still be forced to buy the S-Class because it’s “the law of the land”.
How ridiculous does that sound? And yet, that’s exactly what the Affordable Care Act - Obamacare is.
Wow. I’m sorry but this is quite possibly the dumbest analogy I have ever read.
First of all, the LACK of owning an S-Class does not directly cause hundreds of thousands of lives a year. Being uninsured, however, does have a direct and empircally identifiable impact on the lives of
hundreds of thousandsMILLIONS of american citizens. 48.2 Million to be exact.
Neither does lack of owning health insurance. In fact, for the majority of people, health insurance costs them more money then they will ever benefit. That’s how insurance works.
Where lack of insurance does have an impact is if you get sick, get treatment and can’t afford to pay it back. Lack of healthcare insurance doesn’t mean lack of healthcare. Doctor’s won’t and legally can’t refuse to treat you. They have to treat you. You also don’t have to give the hospital any real information. On top of that, many hospitals, like Olive View, will treat you for free.
So lack of insurance doesn’t mean you will have a detriment.
Likewise, yes, a lack of an S-Class doesn’t mean you’ll lose your life, just like lack of insurance doesn’t mean you’ll lose your life. But lack of an S-Class in an accident means that you’re more likely to be injured or die vs being in an S-Class. An S-Class is much, much safer than the average vehicle, say a ford escort.
Second, your numerical comparisons are completely stupid. The median household income in 2013 is $50k. An insurance policy that is completely unsubsidized under obamacare would reflect about 5% of the average family’s income.
Insurance for me and my family (of 3) is $677 dollars a month, $100 more than I currently pay. That’s not 5% of income. I don’t know where you get you’re numbers from, but mine are directly from Covered California.
A discounted S-Class would cost 140% of an entire year’s income with your proposed discount. To put this in perspective, your analogy would only make sense if the median household income was in the ballpark of TWO MILLION DOLLARS A YEAR. Only then would the numbers be comparable.
You’re short-sighted and foolish.
A vehicle, like an S-Class has a depreciation timeline of 7 years (at least) and last much longer than that. An S-Class can easily go 10 years. That 70k would be split up over just as many years, bringing it’s yearly cost (about 7k/year) on par with health insurance, which costs me about $7k a year. Oh wow, look at that. The numbers match…
Also the affordable care act is not even close to 10,000 pages, it’s actually around 950 pages (still quite long honestly but still).
You’re right, it’s not 10,000 pages.
You’re wrong, it’s not 950 pages.
The actual legislative act is (I think) 906 pages long. But all of the regulations to enforce the law (taxes, fines, subsidies, etc) add up to
The total page count for the ACA is 10,535 pages in the Federal Registar. You can tap dance around the numbers and such, but without everyone of those pages, the law is not the same.
And I have no idea where you pulled your sob story about needing to get rid of your car, obamacare doesn’t force anyone to forfeit their existing insurance provider.
LOL. You sure about that?
What planet do you live on?
Also you clearly have NO idea what a monopoly is, because although there may be few S-class models, there are hundreds of insurance providers and they are competing in the same market.
Yes. And now they don’t have to compete with the alternative to insurance, no insurance. You no longer have an option to not buy insurance, therefore you grant the insurance industry a mandated monopoly.
This is like you wanting to ride a bike and the gov’t making you buy an S-Class. Sure, you can also buy an R8 or a Tesla or a 7 Series, but you’re stuck buying a car of a certain cost. The car companies, collectively, have a monopoly. You MUST go to them.
Obamacare is a tax. Everyone already pays taxes on their income if they exceed a certain income. The only difference now is that you get life-saving and financially protective benefits when you pay this tax.
Don’t get me started on taxes…
You could have gotten those same exact benefits without the tax and government mandate.
Early damage estimates for Hurricane Sandy are starting to emerge
- $5-10B in insured losses are expected by Eqecat, a firm used by many in the insurance industry to estimate natural disaster exposure
- $10-20B in economic losses were also predicted, and the numbers are only expected to increase. Analysts don’t expect the numbers to seriously effect the insurance industries outside of an all but guaranteed drop in quarterly earnings. source
According to Keynesian economists, that’s $15 to $30 billion dollars in natural stimulus. Success! WE’RE ALL RICH AGAIN!