Re:10% of households pay more than 80% of taxes on alcohol a...
by lotsofpulp on Tuesday October 26, 2021 @08:23PM
(#29008186)
In the US, since the costs for risk pool for over 65 and under 65 are allocated separately, unless the tobacco smokers are dying quite a few years before age 65, then they are more costly to members of the risk pool for people under 65.
The simple proof of this is that insurers have no obligation to charge tobacco users a higher premium, but all of them do (for under age 65 insurance).
If it was true that tobacco users were less costly from age 0 to 65, then insurers would not be charging tobacco users extra since any one could steal customers by offering a lower premium.
The simple proof of this is that insurers have no obligation to charge tobacco users a higher premium, but all of them do (for under age 65 insurance).
If it was true that tobacco users were less costly from age 0 to 65, then insurers would not be charging tobacco users extra since any one could steal customers by offering a lower premium.