U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Great Debates
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-22-2009, 09:59 PM
 
3,651 posts, read 8,111,745 times
Reputation: 2747

Advertisements

They can and do readily practice age discrimination and sexual discimination, but not race discrimination. wtfo??
Reply With Quote Quick reply to this message

 
Old 03-23-2009, 08:57 AM
 
5,273 posts, read 11,904,652 times
Reputation: 5745
Quote:
Originally Posted by joey2000 View Post
They can and do readily practice age discrimination and sexual discimination, but not race discrimination. wtfo??

Insurance companies set rates based upon various factual tables.

For exapmple, younger and older drivers have more accidents. Therefore, their insurance tens to be more expensive.

Smokers, on average, do not live as long so their life insurance rates are higher.

When one has claims, their rates go up...

And so forth...

Seems fair to me. The higher the risk (based on statistical averages) the higher the rate.

They could take a socialistic rate structure and charge everybody the same, but then many are being under & over charged.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 09:00 AM
 
Location: Texas
14,969 posts, read 13,761,828 times
Reputation: 4539
Sex discrimination should not be allowed. Age discrimination should be in the case of insurance companies. As Blazer Prophet suggested, discrimination against smokers, those who are obese, etc. should certainly be allowed.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 11:38 AM
 
Location: Florida
1,779 posts, read 3,381,427 times
Reputation: 944
Quote:
Originally Posted by afoigrokerkok View Post
Sex discrimination should not be allowed. Age discrimination should be in the case of insurance companies. As Blazer Prophet suggested, discrimination against smokers, those who are obese, etc. should certainly be allowed.
In terms of health and life insurance there is a valid basis for sex differences.

On average, women need to use healthcare more frequently than males do. Also, women are more likely to keep and maintain regular exams. Therefore, it costs an insurance company more to pay for a female than it does for a male.... only makes sense to charge women more since they use it more.

On the flip side, females generally live longer than males.... so based on that probability it makes sense to charge males more for life insurance than females.

Most racial differences are social constructions, and there really is no valid reason for different rates along racial lines. However, there are fundamental biological differences between males and females....and valid reasons for different rates......
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 12:04 PM
 
Location: Houston, Texas
10,425 posts, read 43,509,537 times
Reputation: 10328
You forgot one. They discriminate against the self employed too.

But to answer your question why insurance companies discriminate? Who is going to stop them? That just about answers it completely and honestly.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 12:15 PM
 
48,519 posts, read 80,998,062 times
Reputation: 17978
They do discriminate agianst smokers;heavy drinkers and the obese. The only time they get insurance without more payment for risk is when they take them as part of a large group.Same goes for pre-existing conditions usually after a period of time. Its all factored in.They also look at the groups demographics as to type of occupation . Generally after a time they basically get about 20% of the amount paid out and if its a group that uses more then they get more.They are writing up a policy on the average verus the individual in single insured.Theyoung work pays for the older worker and those with other problems and then they become the ones who get the benefits as they get older.Insurance is a business based on risk but they always adjust to that risk over time.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 12:23 PM
 
3,651 posts, read 8,111,745 times
Reputation: 2747
Quote:
Originally Posted by BLAZER PROPHET View Post
Insurance companies set rates based upon various factual tables.

For exapmple, younger and older drivers have more accidents. Therefore, their insurance tens to be more expensive.

Smokers, on average, do not live as long so their life insurance rates are higher.

Seems fair to me. The higher the risk (based on statistical averages) the higher the rate.

They could take a socialistic rate structure and charge everybody the same, but then many are being under & over charged.
So if they had studies which showed (hypothetically):

- that Hispanic drivers were less prone to accidents than Asians, they could hike up rates for Asians and/or lower them for Hispanics?

- that white people were on avg healthier and less medical risk than black people, they could hike up rates for black people?

Good luck w/that.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 03:03 PM
 
5,273 posts, read 11,904,652 times
Reputation: 5745
Quote:
Originally Posted by joey2000 View Post
So if they had studies which showed (hypothetically):

- that Hispanic drivers were less prone to accidents than Asians, they could hike up rates for Asians and/or lower them for Hispanics?

- that white people were on avg healthier and less medical risk than black people, they could hike up rates for black people?

Good luck w/that.

Uh, we do have those studies. However, racial profiling is usually illegal. However, we can charge higher rates in areas where there is more congestion and accudents and lower rates in rural areas where there are fewer accidents. I suppose, if minorities live in the urban areas and whites in the rural areas (predominately speaking), it could be construed by some socialists as a form of racial profiling.

As to charging more for life insurance based on race, never happen.

Insurance companies, as well as all other companies (except government) can only trample on people's civil rights just so far...
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 04:41 PM
 
Location: In my skin
8,878 posts, read 13,841,131 times
Reputation: 8718
My ex tried to get me on his insurance when we lived together. They wouldn't allow it. BUT if I was his BOYFRIEND, they'd cover it.
Reply With Quote Quick reply to this message
 
Old 03-23-2009, 04:44 PM
 
5,273 posts, read 11,904,652 times
Reputation: 5745
Quote:
Originally Posted by PassTheChocolate View Post
My ex tried to get me on his insurance when we lived together. They wouldn't allow it. BUT if I was his BOYFRIEND, they'd cover it.
Yeah, some states are very liberal towards homos, but not heteros, living together. That's how so many people with Aides have insurance coverage.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Great Debates
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top