Quote:
Originally Posted by Sowa
So i would rather pay $700 and get the MRI then be talked out of it and cause serious damage to your leg.
|
.
I totally agree. It's the rule of insurance (From the buyers point of view), if you can afford to retain your losses you probably should. It's why car insurance has deductables. It goes back to why you insure things. It's always a bad bet you're entering when you purchase insurance. This is why if you can afford anything out of the blue that might cost $1,000 or so, you don't insure it. The reason why I have car insurance isn't for the fender bender that costs $1,500 to repair but rather the settlement payments I might incur should I be found liable for any serious damage to a thrid party or property. In health you shouldn't be looking at insuring minor diagnostics or GP visits, but rather for the times in which you need surgery, specialist visits, expensive drugs etc.
Some posters here get confused about what 'should or shouldn't be included in insurance' from the perspective of the employee on what the employer 'should' provide in their plans for employees. This isn't the proper way of looking at insurance as employers treat these expenses as a form of your compensation in addition to your salary.