Quote:
Originally posted by Veterans Day
no different than people stealing from stores which drives up all associated costs exponentially, endless circle jerk. People rant and rave about the cost of insurance but can you even fathom the amount of money insurance companies payout daily on bogus claims. I cant
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I know exactly what you mean. Obviously it's wrong for people to defraud insurance companies, just like it's wrong for people to steal cable television because they feel the fees are too high, and music because they feel CDs cost so much, and pirate software because they feel software costs too much, etc. And the same thing happens in all industries. We all pay more for stuff like Windows and Photoshop and CDs because the companies that produce these things feel they have to raise rates to make up for theft. Even Wal-Mart charges more than they really have to for things simply to make up for the amount they lose to shoplifting. The K-Mart where I lived a few years ago lost somewhere around $2,000,000 just from shoplifting in ONE YEAR! That's insane! Fraudsters and theives do make it harder for everyone, unfortunately, it's the nation's poor that are punished the most.
