Insurance is by definition not gambling. It is only indemnity. The reality is that without insurance you are gambling that you’ll get to keep the money you didn’t spend on insurance and not be financially ruined.
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.
You’re “beliefs” - as you’ve explained them - appear to be based on a complete lack of knowledge of what insurance is, what it’s for, or how it works as well as several attempts to redefine the word “gambling” tp what fits your “beliefs.” None of your “beliefs” are supported by the facts— they’re complete contradicted by them.
What are you getting out of this, by telling me I’m wrong in my beliefs and expanding the definition of gambling to literally anything?
you’re spreading false information (your “beliefs”) as fact which could be harmful to others of they’re foolish enough to believe you. I don’t have to gain something in return just to do the right thing by posting the correct information on response. Life isn’t some zero-sum game where I have to be motivate by personal gain simply because your feelings got hurt.
Oh, and I didn’t define gambling— the dictionary did. Blaming me for pointing that out is juvenile. Your interpretations of those definitions are entirely on you.
Insurance is by definition not gambling. It is only indemnity. The reality is that without insurance you are gambling that you’ll get to keep the money you didn’t spend on insurance and not be financially ruined.
Insurance is gambling because I’m betting that if I get cancer I get a payout larger than the amount I wagered by buying insurance.
That’s not how health insurance works. You would never get more than your medical costs and would almost always get less.
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 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 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:
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I’m explaining my beliefs to you.
What are you getting out of this, by telling me I’m wrong in my beliefs and expanding the definition of gambling to literally anything?
According to you just getting out of bed is gambling because I might get injured but if I get injured in bed that’s gambling too.
You’re “beliefs” - as you’ve explained them - appear to be based on a complete lack of knowledge of what insurance is, what it’s for, or how it works as well as several attempts to redefine the word “gambling” tp what fits your “beliefs.” None of your “beliefs” are supported by the facts— they’re complete contradicted by them.
you’re spreading false information (your “beliefs”) as fact which could be harmful to others of they’re foolish enough to believe you. I don’t have to gain something in return just to do the right thing by posting the correct information on response. Life isn’t some zero-sum game where I have to be motivate by personal gain simply because your feelings got hurt.
Oh, and I didn’t define gambling— the dictionary did. Blaming me for pointing that out is juvenile. Your interpretations of those definitions are entirely on you.