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jeff47

(26,549 posts)
4. You could explain to him what insurance actually is.
Tue Feb 11, 2014, 02:22 PM
Feb 2014

Insurance is paying for other people's services.

When you buy fire insurance, and your house doesn't burn down, you are paying the other people who did have their house burn down.

Likewise, paying for health insurance when you're healthy means you are paying for the other people who are sick. I'll never use the OB/GYN services in my health insurance - I'm male. Yet I'm paying for them. A woman on the same plan will never receive treatment for testicular cancer. But she's paying for it. And so on, and so on.

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