Insurance companies to turn a profit will be charging more then they pay out, but as a single policy-holder there is a good chance they will pay me more then I pay out making it gambling.
but as a single policy-holder there is a good chance they will pay me more then I pay out making it gambling.
But the risk isn’t health insurance vs gambling. That’s a straw man, as not having health insurance is already gambling, and you’re trying to change the argument because your previous reasoning was shown to be faulty.
Nice try.
I’m betting that if I get cancer I get a payout larger than the amount I wagered by buying insurance.
I haven’t tried to change the argument, I clarified it so you could understand.
I’m not the one here with difficulty understanding what the word “gamble” means.
Hope this helps:
