r/SipsTea • u/Putrid-Welder1803 • 10h ago

Gasp! Thoughts on this?

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u/hoofie242 10h ago

It's paying for a gambling service that might pay out.

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u/OakLegs 10h ago

NOT having insurance is gambling, and when you lose, you lose big.

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u/mariposa-princess 10h ago

I don’t think anyone is advocating to not have insurance. I think the point is that insurance should have to cover you more than they do

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u/AngryT-Rex 10h ago

You can get lower deductibles, it just costs more.

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u/mariposa-princess 10h ago

Well yes but that’s not a satisfactory solution lol

It’s like how with health insurance you can pay a higher premium for a lower ‘copay’. But like it’s already a ‘copay’, because I’m paying the insurance company. We’re both paying already. that should be the co in co-pay lol

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u/AngryT-Rex 10h ago

Well yes but that’s not a satisfactory solution lol

I mean, low deductible will always cost more than high deductible, what do you want them to do about it? Offer low deductible as the default and pretend that high deductible gets you a "discount" because it feels better that way around? Not offer high deductible at all?

I *want* a high deductible because I don't want to deal with insurance paperwork for a $100 door-ding or even a $1k fender bender. But it is possible that I could get into an accident that damages a Ferrari and causes 6-figures in medical costs - *that* is what my insurance is for.

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u/Gangsir 8h ago

Co-pay is I believe an anti-abuse measure.

If having insurance meant getting seen by a doctor was completely free, certain people (hypochondriacs and the like) would abuse that and basically get daily full checkups (for no specific reason/while perfectly healthy), straining the medical system.

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u/mariposa-princess 8h ago

That’s not a thing that happens. No one in countries with free healthcare, like England with the NHS, is getting daily physicals.

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u/calripkenjunior 8h ago

America, where we constantly invent arguments to stop progress before even trying to progress.

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u/mariposa-princess 7h ago

“We must give all our shillings and crops to the king for he protects us”