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Reply #3: The NYT article describes them in the first couple of paragraphs [View All]

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Home » Discuss » DU Groups » Democrats » John Kerry Group Donate to DU
karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-27-09 07:45 AM
Response to Reply #2
3. The NYT article describes them in the first couple of paragraphs
They are gold plated policies that some companies buy for executives that include essentially anything and have no cost to the recipients. On any insurance, the policy is priced based on the expected cost and a profit margin. The companies keep the premiums regardless of the actual costs.

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