4 ms·

“Wasn’t the system supposed to be fixed?“ Why would it be fixed? Insurance companies aren’t willing to invest in oversight, and everyone else profit, there is

“Wasn’t the system supposed to be fixed?“ Why would it be fixed? Insurance companies aren’t willing to invest in oversight, and everyone else profit, there is no incentive for changing the system.

bombcar 6mo ago
If the cost to an individual insurance company is low enough (in the few millions) and they're not really at risk of it suddenly exploding, and the cost for them to mitigate is also in the millions (or risks killing a customer), they're unlikely to improve. Fight Club, but the other way around. However, if they all gang up together they might do something - but that can cause other issues (a local insurer becomes the only insurance available, etc).
datadrivenangel 6mo ago
Nepal is a low income and high corruption country, where the government and formal business structures are unstable enough that 'tipping' becomes common even for government investigators... It's basically a way for everyone to get more tourists dollars, which is one of Nepals primary exports.
- expedition32 6mo ago
  Scamming bored rich people is one of the more victimless crimes.
  - guzfip 6mo ago
    Idk they gave SBF 25 years for it.
  - tt24 6mo ago
    How can it possibly be defined as victimless
    - School-Cotton 6mo ago
      In my experience people use “victimless” to mean “the victims are people I lack sympathy for”.
- mikkupikku 6mo ago
  Why don't they just charge [more] for a mountain license? A few thousand per hiker would probably be tolerated by people who view the hike as a lifetime achievement kind of thing.
  - tim333 6mo ago
    They do charge quite a lot for mountain climbing permits but trekking is mostly just walking from village to village along the usual paths the locals use.
  - leoedin 6mo ago
    There’s far more tourists in Nepal who are trekking than mountaineering. And those tourists are going to be much more price sensitive. It’s not just wealthy Americans, but people from all over the world - India, China, middle income countries etc. All those people are spending money in tea houses and hiring local guides.
- shellfishgene 6mo ago
  My travel health insurance lately warns of Egyptian hospitals and doctors trying to charge absurd amounts for simple procedures for tourists, and pressuring them to pay, arguing they can get it back from their insurance. Similar story.
linkjuice4all 6mo ago
Just include helicopter rides in the ticket. These aren't adventures anymore - just "natural" theme parks for monied elites that need talking points and social media posts flexing their wealth. Does Six Flags charge your insurance for security to drive you back to your car?

bombcar 6mo ago

If the cost to an individual insurance company is low enough (in the few millions) and they're not really at risk of it suddenly exploding, and the cost for them to mitigate is also in the millions (or risks killing a customer), they're unlikely to improve. Fight Club, but the other way around. However, if they all gang up together they might do something - but that can cause other issues (a local insurer becomes the only insurance available, etc).

datadrivenangel 6mo ago

Nepal is a low income and high corruption country, where the government and formal business structures are unstable enough that 'tipping' becomes common even for government investigators... It's basically a way for everyone to get more tourists dollars, which is one of Nepals primary exports.

expedition32 6mo ago
Scamming bored rich people is one of the more victimless crimes.
- guzfip 6mo ago
  Idk they gave SBF 25 years for it.
- tt24 6mo ago
  How can it possibly be defined as victimless
  - School-Cotton 6mo ago
    In my experience people use “victimless” to mean “the victims are people I lack sympathy for”.
mikkupikku 6mo ago
Why don't they just charge [more] for a mountain license? A few thousand per hiker would probably be tolerated by people who view the hike as a lifetime achievement kind of thing.
- tim333 6mo ago
  They do charge quite a lot for mountain climbing permits but trekking is mostly just walking from village to village along the usual paths the locals use.
- leoedin 6mo ago
  There’s far more tourists in Nepal who are trekking than mountaineering. And those tourists are going to be much more price sensitive. It’s not just wealthy Americans, but people from all over the world - India, China, middle income countries etc. All those people are spending money in tea houses and hiring local guides.
shellfishgene 6mo ago
My travel health insurance lately warns of Egyptian hospitals and doctors trying to charge absurd amounts for simple procedures for tourists, and pressuring them to pay, arguing they can get it back from their insurance. Similar story.

linkjuice4all 6mo ago

Just include helicopter rides in the ticket. These aren't adventures anymore - just "natural" theme parks for monied elites that need talking points and social media posts flexing their wealth. Does Six Flags charge your insurance for security to drive you back to your car?