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Because they want to save money. /thread
by posterboy 9y ago
Because they want to save money.
/thread
- rdiddly 9y ago"mic drop" Yeah it's basically weighing the cost of something expensive that probably won't happen (a claim) against the cost of something expensive that definitely will happen (premiums). If you can possibly save enough to "self-insure" against major expenses, you'll always be better off than paying for it.
- zaarn 9y agoConsidering the origins of social healthcare, the benefits of it are usually highest for those who earn the least (when Bismarck introduced it in germany, workers who got injured were usually dead either by the wound or by starving because they lost money due to not showing up to work, not even beginning to be able to afford a doctor other than "susy from across the street knows how to amputate a leg")
- posterboy 9y agoNot even! The baseline of reasoning is to avoid sickness. Sickness is an uncomfortable thought, so some prefer to ignore it. Which leads me to the paranoid thought that severe costs of some procedures are a tax on illness. Well, illness is taxing itself, so, by syllogism, that wouldn't even be absurd.
- fred_is_fred 9y agoSame reason people don't have [auto, homeowners, liability] insurance. Nothing ground breaking.