Insurance is nothing but a legal protection racket. The only difference is when you lapse on your protection money, the insurers don’t go and blow your kneecaps out, although United Health has effectively killed people who lapsed on payments before or denied them potentially life-saving drugs.
Does that mean you don’t buy insurance or are you paying someone to intentionally scam you?
It is strange that you don’t have an option to choose a insurance company who are not scammers. I mean, that no one thought of starting an insurance company which promotes self on actually helping their customers.
There are companies outside US who are not scamming people and still are profitable.
yet. The need for infinite growth will always lead to insurance companies to engage in the DDD playbook and worse when they capture the finite market of users.
Insurance
Insurance is nothing but a legal protection racket. The only difference is when you lapse on your protection money, the insurers don’t go and blow your kneecaps out, although United Health has effectively killed people who lapsed on payments before or denied them potentially life-saving drugs.
As a concept or in practice?
Yes
Does that mean you don’t buy insurance or are you paying someone to intentionally scam you?
It is strange that you don’t have an option to choose a insurance company who are not scammers. I mean, that no one thought of starting an insurance company which promotes self on actually helping their customers.
There are companies outside US who are not scamming people and still are profitable.
yet. The need for infinite growth will always lead to insurance companies to engage in the DDD playbook and worse when they capture the finite market of users.