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submitted 3 weeks ago by daggermoon@lemmy.world to c/memes@lemmy.ml
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[-] Zerush@lemmy.ml 16 points 3 weeks ago* (last edited 3 weeks ago)

Any insurance works like a Lottery

[-] ILoveUnions@lemmy.world 2 points 3 weeks ago

Insurance is risk adverse behavior. Lotteries are the opposite. Insurance is important no matter what type of society you have, because it's always important to have resources ready for disasters

[-] int32@lemmy.dbzer0.com 8 points 3 weeks ago

True, but also maybe insurances shouldn't be companies. Their buisness model is based on fear.

[-] ILoveUnions@lemmy.world 6 points 3 weeks ago

Absolutely I agree. At a minimum they should be required to be non-profit, and really they should be government services for the necessary insurances like medical insurance.

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this post was submitted on 17 Aug 2025
187 points (97.0% liked)

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