Luigi Mangione Quotes

please delete this quote to avoid spreading misinformation. These are not Luigi Mangione’s words. This quote is a part of someone else’s quote he cited in his review of Industrial Society and Its Future. He prefaced the quote with “A take I found online that I think is interesting.

Insurance works when the insurance company honors a simple promise: When a policyholder files a claim, the company will pay what it owes, no more but no less, and will do so promptly and fairly. Insurance doesn’t work when the company breaks its promise in order to increase its profits.Insurance doesn’t work when companies delay, deny, defend. When they delay payment of claims to wear down claimants and to increase their investment income, flat-out deny some valid claims in whole or part, and defend against valid claims in litigation to back up the delays and denials, they break their basic promise.