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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. zedzedb5 ◴[] No.12307992[source]
RISK seems to be the least mentioned word in this entire thread. "Insurance is a great method of hedging risk." Spot on. I wish we had education in RISK Management rather than what we have now.