Drivers: Don’t allow insurance companies to use speed camera data. We don’t want bad drivers to pay more.
Also drivers: Insurance premiums are too expenvie. Do something.
Governor: 🙆
Drivers: Don’t allow insurance companies to use speed camera data. We don’t want bad drivers to pay more.
Also drivers: Insurance premiums are too expenvie. Do something.
Governor: 🙆
I don’t think an aggregate risk model makes sense for something like car insurance where personal behavior has such a huge impact on payouts.
Health insurance where insurance is a necessity and choices do not necessarily impact risk is where aggregate works better.
Healthe insurance (as done in the US) isn’t realy insurance, but that’s whole other issue.
Personal choice absolutely has a large effect on health risks. What foods you chose to eat? Where you chose live? How often you exercise? Those and hundreds more choices all effect health risk. Literally every choice you make has a positive or negative effect on your health risk. But most of them are ignored in health insurance prices.
Personal choice is a lot easier when you have money, leisure time, or both. Late-state capitalism means that many people don’t have those resources.
Is this even capitalism?