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What's a scam that's so normalized that we don't even realize it's a scam anymore? (lemm.ee)

submitted 1 year ago by mastermind@lemm.ee to c/asklemmy@lemmy.ml

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[–] Tb0n3@sh.itjust.works 0 points 1 year ago (1 children)

Technically insurance only works if everybody pays in. Wouldn't work as a concept if every tom dick and harry could pay them $100 then a week later need $100,000. They'd basically be out of business right quick with nothing to provide for anyone. Maybe as some believe it should just be provided through taxes, but it's certainly not a scam.

[–] dandroid@dandroid.app 2 points 1 year ago

But the problem is that medical costs are only as high as they are because of insurance. Hospitals started making up fake, artificially high prices because insurance companies wanted a discount for referring patients to their hospital.