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Joined 1 year ago
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Cake day: September 30th, 2023

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  • Australia seems to be doing its best to ditch it. Medicare levy plus a surcharge above a certain wage, but that surcharge goes away if you have private health cover. Health insurance companies have zero incentive to set premiums below what that surcharge would have been, particularly when, if you take up private health after you turn 31, then there’s a govt loading on it. Gap charges (ie the cost over and above that covered by Medicare) grow every year, bulk billing is disappearing, the public hospital system is constantly being underfunded, etc.

    Just privatise healthcare, what’s the worst that could happen?

    / looks at US healthcare, and how well privatising just about everything else has gone for us so far





  • As I understand it these are basically an insurance policy. The promoter takes out a policy detailing the odds of a payout being required, and pay a premium based on the insurer’s risk assessment.

    And of course the insurer wants to minimise the odds of paying out, and the promoter wants to minimise their premium - so the top prize is usually, as above, near-unwinnable.








  • Yeah… this isn’t a meme, it’s literally children being sold.

    As I recall it, the family were facing eviction, and the kids were indeed sold, including the one she was pregnant with. A couple of them ended up basically being slaves on a farm somewhere.

    I’ll laugh at plenty of things I probably shouldn’t but this isn’t one of them.