When insurance companies are involved,prices go up,I wonder why.

With car insurance,most companies give you lower rates if you agree with higher deductible,the higher the deductible the lower the rate.Now if you have a fender bender and have to make a claim against your insurance,you first have to pay the deductible and the insurance company pays the rest.Only thing is if you make a claim against the insurance company,up goes your rates for the next few years.So what happens here where I live,if you have a fender bender and you are not sure what the cost will be to repair it,we go to a repair shop for an estimate,the first thing they ask you,is this an insurance job or are you paying out of pocket.If you say insurance,the price is $2000.00,if you say you are paying,the price is now $1000.00. If you have a $500.00 deductible,it is better to pay for it yourself,because the increase in rates will, over a few years, cost you more than what you saved by going the insurance way.

Why does body repair shops double the charge to the insurance company compared to what they would charge you?Could it be that insurance companies are slow paying and you will pay cash.Could it be insurance companies will beat their asking price down,so they have to double their charge to get what they actually need. Who knows for sure,but insurance companies win either way.Insurance is only good if you have a serious accident.

Could the same thing be happening with your health care insurance?Inflated hospital prices to get what they need in the first place,while those that pay cash can get a better price than the insured people, plus the health care provider get their money faster and with more profit than what they would get from the insurance company.Something to think about.