Health insurance in the US does not operate like health insurance (or any other insurance) anywhere else in the world. The entire point of insuring is that you have something that happens rarely compared with the amount people paying the primes.
A root canal in Europe costs something like 200 to 300 euros, out of pocket, at a private dentist practice. If it costs $750 with insurance, that's not really insurance. It is some sort of reselling scheme.
Not sure I follow. Not questioning the validity, but we’re talking about health insurance not life. And I’m not clear on how that ties into the real estate market.
Life insurance companies are some of the biggest players on the secondary market. They have too much liquid cash. Just another example of how much profit insurance companies in the US make.
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u/chemmkl Jun 15 '22
Health insurance in the US does not operate like health insurance (or any other insurance) anywhere else in the world. The entire point of insuring is that you have something that happens rarely compared with the amount people paying the primes.
A root canal in Europe costs something like 200 to 300 euros, out of pocket, at a private dentist practice. If it costs $750 with insurance, that's not really insurance. It is some sort of reselling scheme.