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re: Out of the Box Healthcare Ideas
Posted on 3/28/17 at 1:25 pm to Ingloriousbastard
Posted on 3/28/17 at 1:25 pm to Ingloriousbastard
quote:
Not even close? His post was insinuating that there was something wrong because most people pay into something more than they use, but very few benefit from large payments...which is essentially how insurance works. Insurance works on the law or large numbers. Many pay into something, but few reap benefits.
The benefit is the hedge against the risk and it is immediately realized.
Posted on 3/28/17 at 1:28 pm to Antonio Moss
That's a backward way of looking at, but I'm not disagreeing with it. I disagree with his assertion that there is something wrong with most people paying in more than they claim. That's how insurance works.
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