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Because people are risk-averse. People would rather pay a little more for a lot less risk. Paying for healthcare out of pocket is incredibly risky. You never kn
by aqme28 14y ago
Because people are risk-averse. People would rather pay a little more for a lot less risk. Paying for healthcare out of pocket is incredibly risky. You never know if you're going to be diagnosed with cancer and have to drop $200,000 a year for treatments that will last the rest of your life.
- deleted 14y ago[deleted]
- bmmayer1 14y agoBut health isn't a question of if, it's a question of when. Insurance is a fundamentally broken system with which to pay for healthcare or any other commodity. As this article says, no one would ever sell me flood insurance if I live on a flood plain. The fact that I can buy health insurance at all, given my inevitable demise, is a miracle. But it doesn't make it a good system.