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Mandu ๐ŸฅŸ

How Insurance Works

(reposting because I can't find the original post.)

4-panel comic from pizzacake comic describing how insurance works. 

Woman (looking at viewer): Today we're going to learn about insurance!

Woman (looking at insurance): Hey insurance, I am injured and need some of that money I gave you in case I get injured.

Woman representing insurance, wearing top hat, diamond necklace, gold chain, holding a cigar, and surrounded by money bags: No

Woman (looking at viewer): And that's how insurance works!
37 comments | Expand all CWs
Nazo

@yurnidiot Suddenly I feel like I need to check out Pizzacake, rofl.

Arne Babenhauserheide

@yurnidiot After the health insurance supported a member of my family for a full year with continued income payment during treatment of cancer, I strongly disagree with the content of this strip.

Insurance often actually works.

Davey

@ArneBab @yurnidiot in fairness, the comic is American, there are some notorious insurance providers there.

Notavi

@ArneBab @yurnidiot Insurance in a well regulated market does.

But then you have places where regulation somehow interferes with their concept of "freedom". There, it doesn't work so well.

Glenn Seto

@StryderNotavi @ArneBab @yurnidiot Let me spare you 10+ years of trying to keep the faith and tell you right now that insurance for essential needs like health care should never be subject to market forces to begin with.

SearingTruth

@yurnidiot

"We let them suffer and die because they didn't have money."
SearingTruth

Tony Novak CPA

@yurnidiot I was forced to wean myself from insurance after several financially devastating uncovered losses. So now at this stage of life I face massive financial risks, but I donโ€™t pay insurance companies. I think Iโ€™ll make out OK.

Tony Novak CPA

@kkarhan @yurnidiot There is now a book published about it in 2019 titled "The Drowning of Money Island". There was clearly documented insurance and FEMA fraud after Sandy, brought to US Senate with credible whistleblowers for investigation, but no prosecutions. We learned that we cannot depend on government and the legal system to defend our rights. I won in civil court years later but the lawyer got most of the money. I had to pay to partially rebuild myself.
I have even more dramatic stories about insurers ducking disability and medical claims.

@kkarhan @yurnidiot There is now a book published about it in 2019 titled "The Drowning of Money Island". There was clearly documented insurance and FEMA fraud after Sandy, brought to US Senate with credible whistleblowers for investigation, but no prosecutions. We learned that we cannot depend on government and the legal system to defend our rights. I won in civil court years later but the lawyer got most of the money. I had to pay to partially rebuild myself.
I have even more dramatic stories...

TatiMitStift

@yurnidiot
I watched "Knives Out" yesterday and was thinking about life insurance and how it's not being paid to the family if the person was in any kind of way responsible for their own death. And I suddenly realised what a scam that is. You still paid for it. It is your money and the law, and maybe even your will, says it will go to your family. But insurances be like " You gave it to us and we can do with it whatever we want.".

MossyRua

@yurnidiot Insurance is not healthcare and healthcare is rarely, if ever, properly insured.

Ms. Denie

@kkarhan @yurnidiot it was a five second search on the handle of the original artist, which is prominently displayed on the work itself ::shrug emoji::

Bernd Paysan R.I.P Natenom ๐Ÿ•ฏ๏ธ

@yurnidiot The insurance company's stock price went up after the very expensive CEO was killed.

Autoerotic Defenestration

@yurnidiot how it works ... in the United States.

In Germany, my grandfather went "hello, I'm over 70, I'd like a donor kidney" and they said "okay, it's gonna take a metric shit ton of paperwork, but here's your kidney and your life-long medication. Send us the bill"

K~

@yurnidiot Thanks. I just subscribed to the pizzacakecomic rss feed for more of this kind of wisdom. :)

Saint Helena Island Info

@yurnidiot Indeed, insurance is a scam. The policy document (if you care to read all 1,000 pages of small print) makes clear than anything that might actually happen is excluded from the policy. And if that fails they tell you that you lied on your application because you didn't disclose something completely irrelevant to the policy.

Kevin Karhan :verified:

@yurnidiot no, that's "How #insurance works in the #USA!"

- Cuz that just isn't the norm among #G7 or even #G20 nations!

Kevin Karhan :verified:

@yurnidiot

#AmericanExceptionalism is assuming every place in the world is that shitty when it comes to #Healthcare!

- Which is far from the truth!

time.com/5706668/insulin-prici

Dushman

@kkarhan@infosec.space @yurnidiot@mstdn.social
Healthcare is a human right. The people responsible for jacking insulin prices should get the guillotine.

Glenn Seto

@yurnidiot And sometimes people in top hats and monocles get gunned down in the streets ... but I'm sure there's no correlation.

Kierkrampusgaanks regretfully

@yurnidiot it should really be specified that itโ€™s private health insurance systems โ€ฆ or systemโ€ฆ i donโ€™t know if anyone else is doing private leeching as a default

James Summers

@yurnidiot Not entirely wrong. Unelected corporate bureaucrats who get more stock options if they keep losses low. easiest way to do that, deny claims.

Flex Foot

@yurnidiot i had a doctor prescribe me with preventative medicine. my claim was denied. later when my case got worse, my doctor prescribed me life saving medicine. my claim was denied. the insurance wanted to know why we hadn't tried preventative medicine first. it was all very cool and good

ferricoxide

@yurnidiot@mstdn.social

The problem with this comic is that it's showing a human saying "no". That's less and less the case and one of the things frequently mentioned in the aftermath of UHC's "big hearted" CEO getting gunned down.

๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡บ๐Ÿ‡ฆ ๐Ÿ‡ฎ๐Ÿ‡ฑ ๐Ÿง ๐Ÿฅฆ

@yurnidiot Yes, the ideal business model they strive for is similar to casinos. Have people give you money and give them nothing in return as much as possible.

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