• RBWells@lemmy.world
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    19 days ago

    All insurance. I have paid enough to homeowners to buy another house, with no claims. Health insurance we’ve had maybe 5 years where we got out more than we paid in, maybe. Could certainly have bought a dozen cars with what I’ve paid car insurance, net of what they have paid to or for me.

    All these you can only win by losing but all are worse for being for-profit rather than just risk pooling.

    Health insurance I explain to people as: we are paying in taxes for the most expensive groups (old, poor, sick) plus paying for the work insurance premiums, plus paying most of the cost of seeing a doctor for anything except the annual wellness visit. It would be cheaper to cover everyone with the national plan. But everything we pay, is paying someone else’s salary, right? All those people want it to stay like this.