tag:blogger.com,1999:blog-447603865959500290.post4432229209270447991..comments2024-03-28T02:54:46.537-04:00Comments on The TOF Spot: Interpreting the NewsTheOFloinnhttp://www.blogger.com/profile/14756711106266484327noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-447603865959500290.post-56763674578982497392012-01-11T12:03:16.712-05:002012-01-11T12:03:16.712-05:00It's amusing (in the "I'd rather laug...It's amusing (in the "I'd rather laugh than cry" sense) to see what sorts of discrimination the government allows. For instance, it's legal to charge women less than men for life insurance, because women tend to live longer. It isn't legal to charge women more than men for life annuities, even though women tend to live longer. (There ought to be an arbitrage possibility there, but the bid/ask spread is too high.)Sethhttps://www.blogger.com/profile/02466363973452338096noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-8007076649667112902012-01-10T16:54:39.750-05:002012-01-10T16:54:39.750-05:00Another reason that insurance profits went up: my ...Another reason that insurance profits went up: my two-year-old has pregnancy coverage. -.-Foxfierhttps://www.blogger.com/profile/10161683096247890834noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-23095303346571144842012-01-10T15:20:54.109-05:002012-01-10T15:20:54.109-05:00Actually, though, you totally missed the logic of ...Actually, though, you totally missed the logic of the headline. Clearly, one of the goals of national health insurance is to rein in the obscene profits of those dastardly insurance companies.thefederalisthttps://www.blogger.com/profile/17514099991587503764noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-9428445535945441982012-01-10T15:16:36.095-05:002012-01-10T15:16:36.095-05:00Can't happen here in Michigan!
Oh... wait a m...Can't happen here in Michigan!<br /><br />Oh... wait a minute ...thefederalisthttps://www.blogger.com/profile/17514099991587503764noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-51342113438233184962012-01-09T18:27:05.459-05:002012-01-09T18:27:05.459-05:00@Seth: You are right. I neglected the governmenta...@Seth: You are right. I neglected the governmental elephant in the room. Something similar happened in auto insurance years ago when the government declared that statistics was bad and that young boy and young girl drivers should pay the same premium because... well, because. As a result, young girl drivers wound up paying higher premiums, in effect subsidizing the bad driving of their brothers.TheOFloinnhttps://www.blogger.com/profile/14756711106266484327noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-56644361568464939322012-01-09T18:14:29.512-05:002012-01-09T18:14:29.512-05:00A greater actuarial risk requires a higher premium...A greater actuarial risk requires a higher premium to cover it. Whether that leads to increased, decreased, or unchanged profits depends on whether the premium increase more than covers, less than covers, or exactly covers it.<br /><br />Since the determiner of the increase is the insurance company, I know what I'd bet they choose. In theory, higher costs could mean lower profits (when the state insurance commission refuses to let companies recover the full increased cost, typically leading to the insurance companies ceasing to do business in that state).Sethhttps://www.blogger.com/profile/02466363973452338096noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-84147443948050325082012-01-08T19:48:57.361-05:002012-01-08T19:48:57.361-05:00It's amazing, isn't it, how easily, and ho...It's amazing, isn't it, how easily, and how regularly, "liberals" are caught off-gard by the post mundane and predictable things -- including things we conservatives have predicted?Ilíonhttps://www.blogger.com/profile/15339406092961816142noreply@blogger.comtag:blogger.com,1999:blog-447603865959500290.post-29007362509616164682012-01-07T01:25:31.861-05:002012-01-07T01:25:31.861-05:00The hybrid shark story *jumps*.
"They may no...The hybrid shark story *jumps*.<br /><br />"They may not look very different, but a group of sharks discovered off the coast of eastern Australia are unlike any other in existence."<br /><br />Really?<br /><br />"The sharks, which are a cross between the closely related common blacktip shark and the Australian blacktip shark..."<br /><br />So they're unlike either related blacktip shark species?<br /><br />Oh, wait! They're first hybrids discovered!<br /><br />No? Oh, the first hybrid sharks discovered! With DNA. That is with advanced DNA speciation detection technology. Which has been around and applied to sharks for -- man! -- must be months now.<br /><br />How could we humans have possibly missed these hybrid sharks for the thousands of years of human history? It's uncanny!<br /><br />But wait! Order now and we'll add FREE the fact that because of global warming of the oceans this hybrid species is better adapted to **cooler** waters.<br /><br />As Noah said to God [in the voice of Bill Cosby], "RIIIIIGHTTTT!!!"<br /><br />JJBJJBrannonhttps://www.blogger.com/profile/14498338889264671844noreply@blogger.com