3 ms·
Agreed. There are two types of healthcare expenses that insurance is important for: 1) massive, unexpected ones, which $1000 a month would be useless towards,
by _bxg1 8y ago
Agreed. There are two types of healthcare expenses that insurance is important for:
1) massive, unexpected ones, which $1000 a month would be useless towards, and where the word "insurance" actually makes sense
2) recurring costs like doctor appointments, prescriptions, and teeth cleaning, which could arguably (but still probably shouldn't) be lumped in with UBI
#2 can still wreck someone who's truly poor, to be clear, but the author's case sounded more like #1
- majewsky 8y ago#2 should not be lumped in with UBI since the costs wildly fluctuate between people. A 25-year-old person will have fewer preventive checkups than a retiree or a small child. And people with chronic diseases have way higher recurring medical expenses than people without. My bookkeeping shows that I spend two weeks' worth of salary per year on medications, most of which is for keeping my chronic ailments in check.