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Re:EU to make it mandatory to use customer-replaceable batte... by dragonwriter on Sunday March 13, 2022 @01:31PM (#30663603)
Group catastrophic, like all other insurance, is negative expected value in first-order effects, but improves predictability.

This is not fundamentally different from low-deductible policies. (Which may do more, proportionately to cost, to improve predictability if most variance is the number of frequency of low-cost events)

Re:EU to make it mandatory to use customer-replaceable batte... by throwawayboise on Sunday March 13, 2022 @09:49PM (#30667682)
For those who use them. I avoid doctors as much as possible, so if I see one it is likely closer to a catastrophic situation than routine. I would much rather have cheap catastrophic insurance than more expensive low-deductible, because I am unlikely to use the latter.