this post was submitted on 10 Dec 2024
210 points (97.3% liked)

tumblr

3480 readers
3 users here now

Welcome to /c/tumblr, a place for all your tumblr screenshots and news.

Our Rules:

  1. Keep it civil. We're all people here. Be respectful to one another.

  2. No sexism, racism, homophobia, transphobia or any other flavor of bigotry. I should not need to explain this one.

  3. Must be tumblr related. This one is kind of a given.

  4. Try not to repost anything posted within the past month. Beyond that, go for it. Not everyone is on every site all the time.

  5. No unnecessary negativity. Just because you don't like a thing doesn't mean that you need to spend the entire comment section complaining about said thing. Just downvote and move on.


Sister Communities:

founded 1 year ago
MODERATORS
 

We are told we live in a world where everyone is equal, but when someone (or quite a lot of someones) suggest that the death of a rich white man might not be the tragedy we are told to think it is, suddenly all of the other rich white men are upset that that is the prevailing view, and they want to use their platforms to tell us that "yes it is and we should think it is"

If you ask most people they will tell you the lesson I learned a long time ago -- a lesson most of us learn relatively young.

Not all deaths are worth mourning. You don't have to celebrate them, but you don't have to pretend that you are sad they are dead either.

you are viewing a single comment's thread
view the rest of the comments
[–] idiomaddict 4 points 6 days ago* (last edited 6 days ago)

Honestly, I used to work in property and casualty insurance (very different from health and life insurance, but I stopped because it was in conflict with my morals), and we gambled premiums on the market. It doesn’t seem like a good idea, but my former company has been around for hundreds of years and paid out 98-102% of premiums collected for claims.

I recently learned that the ACA required at least 85% of premiums to go to claims, which is absurdly low from a P&C perspective. There have been stricter regulations for P&C for decades. I have no idea how lawmakers can justify that health insurance is so much more laxly regulated when it’s so much more important.