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142 points helloworld | 1 comments | | HN request time: 0s | source
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nfriedly ◴[] No.12306812[source]
Good riddance. Heath insurance in the US seems to benefit the insurance companies more than anyone else.
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harryh ◴[] No.12307431[source]
That's silly. Insurance is a great method of hedging risk. If my apartment burns down it would cost me A LOT of money to replace my stuff. But the chances of it burning down are really small. So I can purchase renters insurance for just a couple hundred bucks a year, an expense I can easily afford.

That benefits me a great deal!

Maybe when you said insurance you meant to say "health insurance" but the same principle applies. If I have a heart attack then treating it will be hideously expensive, but that's also unlikely to happen.

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1. nfriedly ◴[] No.12307879[source]
I was referring to health insurance specifically. I edited that in just now to clarify.

Health insurance should work exactly as you describe, but far to often I've seen it cover the little things like colds, and then fail to adequately cover big things like a heart attack.