3 ms·
The world is more complex than that. Many (probably every) large organization/industry does both good and bad things. Insurance, ultimately, is a way of sharin
by _jal 9y ago
The world is more complex than that. Many (probably every) large organization/industry does both good and bad things.
Insurance, ultimately, is a way of sharing risk. Even more abstractly, it is about aligning interests. I think this is one part of why people get so upset with insurance when there is dispute - it feels a little like a betrayal.
- nonbel 9y agoI'm not really talking about health insurance in the abstract, but rather the current implementation (which seems very shady to many people). I doubt current insurance companies care whether you get the flu or not. They just care whether you go to the doctor for it, eg if enough people think "It must be a cold" and self-medicate that works for them.