#(obv american health insurance is an outlier and should not be counted you will always need medical care of some kind and all of it is so
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insurance makes sense on a conceptual level but in reality insurance companies turn decently huge profits by a) relying on things not happening, which they mostly don't b) ensuring things mostly don't happen by exluding anything that might make "things happening" more likely and stacking it in their favour and then c) finding any excuse and loophole possible to not cover you if anything ever does happen
like. insurance would be good if it wasn't managed by insurance companies
#insurance is quite literally a bet#the company is betting that nothing will happen to you (or your house/car/stuff/pet)#except it's a very one-sided bet because you give them money either way and they're cheating about it#not having insurance is ALSO a bet#except YOU'RE betting nothing will happen to you#on the basis that (by keeping money in savings instead) you could reasonaby afford it if it did#rather than give that money to someone else and trusting that the thing which might happen IS something they will have to pay for#and can't wriggle out of#(obv american health insurance is an outlier and should not be counted you will always need medical care of some kind and all of it is so#expensive you guys are just so fucked i'm sorry)#insurance companies would still ultimately profit even if they paid out without whining and even if they covered the slightly more likely#bc the chance of it NOT happening is still greater than it happening & across all their clients Not Being Giant Cunts wouldnt bankrupt them#but here we are#something something capitalism
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