Re:I am a statistician and I buy lottery tickets
by Evbn on Saturday October 20, 2012 @03:46PM
(#4678047)
When you buy catastrophic insurance it usually comes with free preventative care, which benefits the insurer as well as the insured.
You can often get a lower premium for a higher deductible, and everyone who knows how to multiply does this.
Re:I am a statistician and I buy lottery tickets
by JoeAltmaier on Thursday October 25, 2012 @11:41AM
(#4698002)
...unless as noted, its group insurance, in which case you take what you get.
Personally, I would like insurance that pays only for large expenses. I know its a sucker game to pay insurance; since the insurance companies profit I must be losing. But 'group insurance' is not something I can change.