Individuals predict the future...

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Individuals predict the future...

FrankC — 11/5/2013 9:07:51 PM (archived)

Insurance companies set rates based on the science of probability.

The whole thread (26 posts)

Important info (though not the proof or the statistics that we are waiting for) - alcaray - 11/4/2013 7:31:41 PM
- Cool - RobVG - 11/5/2013 3:49:07 AM
  - "Deceit" - TB - 11/5/2013 4:20:41 AM
    - What occupies my mind and in what percentages... and whether the percentages are correct... - alcaray - 11/5/2013 6:34:42 PM
      - Do the math. - TB - 11/5/2013 6:59:06 PM
        
        The insurance companies do not currently have the info to do the math. Only a liar would say that he does. - alcaray - 11/5/2013 7:07:40 PM
        
        Re: The insurance companies do not currently have the info to do the math. Only a liar would say that he does. - TB - 11/5/2013 7:20:04 PM
        
        Were you? - alcaray - 11/5/2013 8:08:51 PM
        
        I know someone who was. - TB - 11/6/2013 12:25:06 AM
    - People will listen to what they want to hear. - RobVG - 11/5/2013 4:49:46 AM
      - Some pay more; some pay less; some pay the same. - alcaray - 11/5/2013 6:37:41 PM
        
        I didn't present any numbers did I? - RobVG - 11/6/2013 12:13:51 AM
        
        You said "all people are talking about". I thought you might be talking about me, so I clarified my position. - alcaray - 11/6/2013 1:31:47 AM
        
        I didn't mean you. Mainly prominent people in the news. Also I've started to listen to NPR. - RobVG - 11/6/2013 3:27:49 PM
- Did you read the actual letters (linked in the article)? - TB - 11/4/2013 9:35:27 PM
  - I looked at them as opposed to reading them. - alcaray - 11/5/2013 6:50:10 PM
    - "I certainly did not go to their websites. How is that pertinent when the accusation was about their marketing?" - TB - 11/5/2013 7:47:53 PM
      - Next time you make the "they refuse to note the facts" argument, please recall this thread. - alcaray - 11/5/2013 8:10:26 PM
- We'll see - FrankC - 11/4/2013 9:24:21 PM
  - Insurance companies have just as hard a time as anyone predicting the future, when there's a big change to take account of. - alcaray - 11/5/2013 7:18:45 PM
    - Individuals predict the future... - FrankC - 11/5/2013 9:07:51 PM
      - And using the very best data they have available. And it is always a gamble. - alcaray - 11/5/2013 11:58:11 PM
  - I agree - SteveS - 11/5/2013 1:39:09 PM
    - Then there's the "generation war." - TB - 11/5/2013 3:48:53 PM
      - And rewriting history for the new generation - SteveS - 11/5/2013 4:21:34 PM
        
        To be fair, the signmaker might have been thinking "small-d" democrat. - TB - 11/5/2013 4:43:20 PM

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