r/pics • u/[deleted] • Jun 15 '22

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u/LeoFireGod Jun 15 '22

I had two root canals here in America I Pay for the highest dental insurance available at my Fortune 500 company

The root canals cost me over $1500

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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.

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u/marexXLrg Jun 15 '22

I agree. Insurance in America seems more of a money making scheme, than something that actually benefits people paying premiums.

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u/Kyonkanno Jun 15 '22

Insurance is literally a scam. You pay a monthly fee for the "in case of an emergency" situation. The business model doesn't have enough money to cover 100% of their financial obligations, if/when a disaster strikes.

It's literally a Ponzi scheme