this post was submitted on 10 Sep 2024
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Healthcare isn't something that only the unfortunate need. Healthcare is something every person needs. If you live long enough, it will be costly. This is why insurance as a concept is fundamentally unable to handle healthcare. It is antithetical to the concept of insurance.
This is why if you start paying for a healthcare insurance at an older age, your premiums will be higher. They are pretty good with the math there, and it's not even very advanced math.