BoatShoes;1518270 wrote:Apparently people make a car insurance claim once every 19 years on average. Plenty more people make health insurance claims than that.
All insurance redistributes wealth from the risk pool to the unlucky. Obamcare just changes it to where the redistribution occurs ex ante instead of ex post...as was already done in a lot of states.
Your own statistics just proved my point.
Statistics shows that teen/young drivers are 3 times more likely to be involved in an accident than all other ages combined. So, the average for young drivers is more like once every 7 years while for everyone else it is once ever 22 years. That's how the 'average' comes out to be 19.
So you are wrong, a teen that gets a liscense at 16 will use his car insurance on average at least once before he/she is 23.
Chances are, a 75 year old hasn't used theirs since they were in their 50s.
That's the statistics when you actually use all of them, not just an average from 16-75.
You can't reword it to change the facts, that this is the only insurance that takes from the less risky and most likely 'poor' and gives to the higher risk and most likely 'rich'.
Think about it, young kids out of HS or college making far less and having full mortgages and college loans have to pay higher premiums to cover the old folks who probably have their house paid off and are making more money.
It is retardly backwards ESPECIALLY for those left wingers who like to redistribute the wealth.
If you get your liscense by the time you
