Quote:
Originally Posted by Nate the great
Now, what you guys might be referring to is the fact that when I get insurance, a hypothetical 30 year old will be supplementing my rate (becuase he is low cost and I am high cost). This is true. Without the low cost people, my rate would go up. This is also true. So what? 1+1=2 If my rates go up, I pay more. If they go down, I pay less.
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Is that like when I go to a casino and hit the mega-quid jackpot on the slot machine, everyone else who ever dropped a coin in that casino is supplementing my good fortune?
Oh, yeah, I forgot, they are also supplementing the dealers’, wait persons’, janitors’, slot mechanics’, … casino owner’s net worths.
How many lose so how many can win?