Quote:
Originally Posted by Guest
This is like talking to a rock.
"... The way it typically works is that the consumer (you) pays an up front premium to a health insurance company and that payment allows you to share ‘risk’ with lots of other people (enrollees) who are making similar payments. Since most people are healthy most of the time, the premium dollars paid to the insurance company can be used to cover the expenses of the (relatively) small number of enrollees who get sick or are injured..."
Quote from Stanford University: https://vaden.stanford.edu/us/healthinsurance/works |
Yes you are rated in a risk pool that doesn't mean you are paying for my drugs. I have paid for car insurance for years without an accident there is no difference here.