Replies to post #369205 on Anavex Life Sciences Corp (AVXL)

[Gator328]

I hope you’re correct! My experience with insurers is that they’ll do anything possible to take in premiums and will do even more to avoid paying claims. I have a feeling all will hold out as long as possible until one finally agrees to cover it and the rest fall in line.

The cost of covering it may be less than the cost of not covering it and letting people suffer, but that’s a societal cost. Insurance companies only care about their bottom line and if CNS disease is as prevalent as many say, insurance companies are going to have to get used to paying more than they’re used to. Most likely they’ll just keep raising premiums for the rest of us.