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Bankruptcy and Medical Costs or, Why Not a Single-Payer Income ... - Reason Online

The co-author of the study told the press , "Only single-payer national health insurance can make universal, comprehensive coverage affordable by saving the hundreds of billions we now waste on insurance overhead and bureaucracy."

There's no question that a) it would be great to actually reform health care root and branch, including the delivery of services (break the MD cartel already!) and insurance; b) that it is inconceivable that the government will do a better job of minimizing bureaucracy and patient failure; and c) that's likely exactly how Congress and Barack Obama are going to go on this issue. The supposed containment of health care costs in Canada and the U.K. (where patients routinely do whatever they can to exit the public system) is due to rationing, not due to the streamlining of service provision. Just telling people no, you can't have that procedure is one definite way to keep costs down; it seems remarkably unwise, especially in an age of blossoming individualized services for consumers.

Desperate car owners resort to insurance fraud

Filed under: Budgets, Debt, Transportation, Fraud

The Associated Press reports that "Driven to desperation, a growing number of financially strapped car owners are torching, sinking or ditching their vehicles and then reporting them stolen to cash in on the insurance." In Las Vegas, car insurance fraud cases are up more than threefold and other police departments are reporting smaller but still meaningful increases in the crime.

If you're reading this and thinking about setting your car on fire or driving it into a ditch and reporting it stolen, please, please, please don't do that. You might get away with it, but you might not. And if you don't, you could end up in jail for a long time -- and that, combined with penalties and legal fees, won't exactly help your financial situation.

Continue reading Desperate car owners resort to insurance fraud

Desperate car owners resort to insurance fraud originally appeared on WalletPop Blog on Thu, 11 Jun 2009 08:00:00 EST. Please see our terms for use of feeds.

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Health Insurance

Tom Megalis, a live on the edge freelance performer/animator guy, just purchased new health insurance after a four month lapse in coverage.

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Color of Money Live - Washington Post
Color of Money LiveI now make payments on just my car and student loans, plus my car insurance, all of which are done on time. I have no credit card. How long will it take before I can expect to see a change in my credit rating? Six months, a year?

Car insurance rates for teens costly in New Jersey - The Star-Ledger - NJ.com
Car insurance rates for teens costly in New Jersey - The Star-Ledger - NJ.com The Star-Ledger - NJ.comCar insurance rates for teens costly in New Jerseyby Carrie Stetler/The Star-Ledger New Jersey is the second most expensive state's in the nation to insure teen drivers, according to Insurance.com's Ratewatch report, released earlier this month. The average rate to insure Jersey teens -- $6200 -- is Keeping Teen Car Insurance Affordable

Mitsubishi and Subaru Electric Cars Go On Sale in Japan Next Month
Mitsubishi and Subaru Electric Cars Go On Sale in Japan Next Month AFPBy John Voelcker June 4th, 2009 Friday is World Environment Day, and Mitsubishi used the occasion to unveil the final production version of its i-MiEV electric car, which goes on sale in Japan in about six weeks. The company expects to distribute about Productie elektrische Mitsubishi i MiEV gestart

Bankruptcy and Medical Costs or, Why Not a Single-Payer Income ... - Reason Online
Bankruptcy and Medical Costs or, Why Not a Single-Payer Income And what is its relation to health insurance? Why can we draw that simple distinction when it comes to, say, cars and car insurance but we hopelessly conflate the two when it comes to health care? To claim that "only single-payer" can save us all is

Motorists 'being forced to choose lower-cost car insurance' - Money News
Motorists 'being forced to choose lower-cost car insurance'A poll undertaken by uSwitch.com found that six per cent of third-party insurance holders have downgraded their policies from fully comprehensive cover in recent months in a bid to save money. Furthermore, the research also found that Buying third party insurance 'could be a mistake' Motorists forced to opt for lower level cover