Quote:
Originally Posted by WideReceiver
Insurance is not a scam, which you’d know if you ever needed it. Especially life and health. Government should not be involved except as a regulator.
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Their entire business model is "give us money for just in case", and when the just in case happens it's to do absolutely everything within their capacity to not pay out.
It's not a scam, but it is insidious. Expanded government involvement will not make it less so.