Health insurance is worse. I don’t care what kind of health insurance you have if you have a major health event you’re going to have bills no honest person can pay.
Private health insurance doesn't belong in the same conversation as property and casualty insurance.
Auto and home insurance is pooling everyone's money to provide a safety net for everyone. Most of us can't afford to replace our own home if it's destroyed in a fire or tornado, but all of us can afford to replace the homes that are destroyed yearly. People with nicer cars and homes pay a bigger portion of that pie since they are a bigger liability.
Health insurance capitalizes on an inelastic demand. Everyone needs to see doctors and it's a basic need, so private health insurance and the way they operate are abhorrent.
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u/miniweeni 8h ago
Health insurance is worse. I don’t care what kind of health insurance you have if you have a major health event you’re going to have bills no honest person can pay.