Stef JB The rich buy insurance to stay rich; the poor don't buy insurance because they think they're too poor to afford it.
Health insurance pays for itself the moment one major medical event costs more than the total premiums you’ve paid over a lifetime. The chances of that happening are 70%.
It’s the lucky 30% who make insurance companies their profits.
So in other words ⅔ of the people who aren’t insured will end up out of pocket. Many by a serious amount.
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