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Nearly a hundred and eighty years ago an American engine was built to make special financial benefits available to all citizens. It was perfect. It worked. It was risk and maintenance free. It had inherent social and tax benefits that remain sacred today.
On June 28, 2012 the Supreme Court delivered its long awaited historic decision upholding the Affordable Health Care Act. The debate on the merits of the court’s ruling and what it means to American consumers will go on and on, and the political efforts to repeal it will continue.
If only we could keep disasters like this in mind, how much future damage might we avoid? It is impossible to tell, but such mindful preparation would do much to protect our so-easily destroyed achievements. The role insurance has to play in this is obvious, especially for our friends in the property & casualty industry, who will have quite a few checks to sign once this is all over. But it is also true for the life and health world, too. Insurance has long been sold on the premise of how little we can foretell the future, especially the darker parts of it. And it is something people simply do not like to think about.
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