Quoted message said:Are you saying that these insurance companies are acting irrationally
when they price their life insurance policies based on the parameters
that they choose?
I think he's saying they act in any way they think will benefit them, with no
regard to wether this is really relavant or accurate information.
Quoted message said:Are you saying that they are missing profits by not
choosing some better, and cost effective, health gauges instead of
body mass in relation to height and frame size?
Speaking for me, they are artifically inflating the importance of certain info
to use in their best interest, nothing more. They could care less if it's junk
science or not.
Quoted message said:That would be rather surprising if the answer to this was yes, in a
competitive marketplace. A company thet chooses better health gauges,
could reject unprofitable clients and price policies for profitable
clients on a more attractive basis.
On Pluto, but not on earth.