Ken, you are correct, but I think you will agree that insurance is a very challenging topic. I took the IIA, Insturance Institute of America, tests but would not presume that I could tell you the features of every policy held by every person in merica based on that knowledge.

Littlecrank, the payout ratio you cite may be correct, but it would be very wrong to assume that that maps directly to pay in or to assume that that accuratly reflects the expenses incurred to settle those claims. That is not how insurance works. If you want to understand the insurance, you should address your questions to the AMA.

I am not suggesting you are intentionally passing around bad information, but your lack of understanding of how the AMA operates and how insurance works has lead you to mistaken conclusions. It happens, especialy where insurnce is concerned. Every policy is different and until you have read the entire policy and ask the right questions.

Case in point is that you have suggested that the AMA should operate in certain ways. Are you surprised to learn that that is how the AMA works already?

Prehaps you have been reading too much about the AMA on the forums and not enough from the AMA. I think you will find this is a well thought out organiztion who's structure serves the membership very well. But like any organization, that does not mean it meeets the needs of everyone.