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bruce511last Friday at 7:26 PM1 replyview on HN

Ironically they don't profit off the misfortunate customers. Those ones typically get back more than their premiums.

They profit off the fortunate customers, those who have no need to claim from insurance.


Replies

derangedHorseyesterday at 12:50 PM

Even that depends on the length of their coverage and the claims the customers are able to make.