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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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[–] PowerCrazy@lemmy.ml -2 points 1 year ago (1 children)

Insurance.

[–] sunbeam60@lemmy.one 0 points 1 year ago (1 children)

Eh, no, surely not. Pool the risk and only pay for your share of the risk. Somebody takes some risk in that, because statistics don’t always pan out, even at large, so the risk taker gets a return. Literally couldn’t be further from a “scam” - it’s one of the few amazing upsides to using money instead of bartering.

[–] PowerCrazy@lemmy.ml -2 points 1 year ago

Sorry I should say "private insurance" specifically health-insurance.