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(Is this, in fact, really "insurance" at all?) With the other kind, the insurer has to give it to you at the same price as anyone else regardless of whether you're sick, rates can rise only to a limited extent as you get older, and the government will subsidise it for you based on how much you earn to make sure it doesn't become unaffordable.
But it's not really insurance and can increase the risk of becoming a victim by creating a false sense of security.
So it's not really insurance.
So, insurance polices that aren't really insurance?
Insurance is, you're 20 years old, you just graduated from college, and you start paying $15 a month for the rest of your life and by the time you're 70, and you really need it, you're still paying the same amount and that's really insurance.
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It also shows up in a financial instrument that is really an insurance policy that would pay off if one of the government enterprises defaulted.
It's a bit like going to see an acupuncturist: If you have really good insurance and the practitioner is in network and accepts your insurance, at least some of the cost will be covered.
The issue is not really individual insurance.
When fire and theft premiums rise, those who really need insurance still pay up.
Mr. Melzer said it was really the insurance companies who called the shots in such lawsuits.
But the Texas case was really an insurance case, and so not a precedent for toxic-mold cases.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com