Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
And when there are no insurers…
It’s hypocritical of insurance companies. Insurance companies stopped healthcare providers, like hospitals, to cost shifting to help with the financial burden hospitals experience for caring for patients without health insurance. Now these same companies are shifting cost burdens to other states for California wildfires, hurricane damages to states that don’t have these risks. This cost shifting should be illegal. Insurance companies choose to insure property in high risk areas and people choose to live there. Insurance companies should absorb the cost. The only thing that consumers can due is choose regional insurance companies instead of national companies.