Beasty
Well-Known Member
I'm going to respond to the legible part.Your last paragraph proves my point..let people CHOOSE the coverage they WANT and need.
Burial expenses are much more predictable than health expenses. There are a lot less variables to consider. Unlike burial expenses, health bills have the potential to get out of hand. That's why insurance for health is more expensive and more difficult to obtain.
There are no precondition exclusions or anything like it considered in a burial. It has nothing to do with more options. Actuaries set the price of insurance based on probability distributions to protect the sellers of insurance.
Lol at "provide for family" what do you think an estate is? Again the amount of money needed to cover expenses for an estate is still easier to predict than how much will be needed for access to health care. There is much less math needed due to less volatility.