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Ehh, the miles which I get by using my credit card wind up being worth about 2%, so you'd have to convince me that each five-dollar burger raises my insurance p
by planetguy 14y ago
Ehh, the miles which I get by using my credit card wind up being worth about 2%, so you'd have to convince me that each five-dollar burger raises my insurance premium by more than ten cents.
- excuse-me 14y agoI suspect that if you eat enough burgers that a 2% cash back is significant - it's not just your insurance company that should be worried!
- sliverstorm 14y ago2% on any one item is of course not all that significant, but like any other salami-slicing deal you have to make a habit of taking advantage of it wherever possible.
- ojbyrne 14y agoThat's not a completely correct analysis, as the insurance premiums are a recurring payment. So it would have to increase the present value of the stream of recurring payments by more than ten cents.
- spindritf 14y agoDiscounted to the present value.
- prodigal_erik 14y agoIf habitual eating is more predictive than occasional binging, the model won't be linear. There may even be some threshold that simply makes you uninsurable in the distant future. But this may turn out to be a bad example, if medicine continues finding that heart attack risk is mostly linked to cholesterol you produce yourself (this is apparently hereditary), and not much affected by cholesterol you eat.