Insurance

Insurance has always been a scam. It was devised by people who knew math to sell to those who didn't. It seems that still applies here in anti-scientific, corporate-capitalist America. 

Health insurance is the riskier scam. That explains the private insurance industry's enlistment of Mr. Obama to guarantee that more young, healthy folks buy insurance. If many healthy people pay premiums, the profit margin for the insurance company grows exponentially. More money for more real estate investment and diversification. More money to hire more bureaucrats to disqualify procedures and interventions from reimbursement.

Life insurance is the mother load of the insurance industry. Mathematicians sit in cubicles and calculate the odds of the lifespan of consumers. The numbers favor the house. Just like a casino. If you doubt this, look at the number of tall buildings in your closest city which are owned or were built by insurance companies. 

The key to profits in the insurance industry is NOT paying benefits, even when those benefits seem to be obviously owed. The industry counts on lost life insurance policies, tucked at the back of a drawer belonging to the deceased customer. The industry hires layers of bureaucrats who make collecting on a policy a matter of jumping hurdle after hurdle. One false move takes the beneficiary back to another desk or dumped into an endless loop of recorded telephone messages. There are profits in obstruction.

A social security safety net, like the one provided by the U.S government, is an alien concept to profiteering insurance providers. After all, if everyone is guaranteed benefits by contributing into a fund from their earliest days of employment, where is the option to delay and obstruct when benefits are legitimately due? To the avid capitalist, dumping all that money into a stock market or private insurance is ideal. This gives the sleazy and greedy ample opportunity for skimming off profits while shrugging off the "risks of the marketplace" when funds evaporate in a stock market manipulation. 

Those who decry Obamacare on the Right are inspired by those who wish to dismantle all government undercutting of capitalist exploitation by ensuring public safety nets. The only "insurance" they believe in is the "insurance" that they can exploit the exploitable for profits.