XPost: bc.politics, can.politics, van.general   
   From: none@present.com   
      
   "Alan Baker"  wrote in message news:mhboho$8bk$1@news.datemas.de...   
      
   > I notice you don't ask what the total value of the fraudulent claims that   
   > those investigations prevented being paid out was...   
   >   
   > ...so let's help you out (for your own source, no less!):   
   >   
   > 'As many as 15 per cent of the 900,000 insurance claims ICBC receives   
   > annually contain an element of fraud or exaggeration, the corporation has   
   > said. Fraud costs each of ICBC’s three million customers between $100 and   
   > $150 each year.'   
   >   
   > So that's something like a total value of (150+100)/2*3000000 = $375   
   > MILLION.   
   >   
   > So if they're spending $5.5 million on investigations, they only need to   
   > reduce fraud by...   
   >   
   > (5.5/375)*100   
   >   
   > ..anything more than 1.47%...   
   >   
   > ...and those investigators will have saved us all money.   
   >   
   > Too bad you didn't actually do the math, hmmm? Or shouldn't "didn't"   
   > actually read "couldn't"?   
      
   Math, and facts, haven't been Karen's friends for a long time:   
      
   https://groups.google.com/forum/?hl=en#!original/can.politics/Z4   
   vnnyendY/LRU_NM9gBPYJ   
      
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