(November 30, 2014 at 11:19 am)Heywood Wrote: The reason the insurance companies make profits is because their side of the bet usually has a positive expected value. The customer generally has a negative expected value. Obama basically forced most Americans to make a bad bet with an insurance company. I think intuitively people realize this on some level which is why they dislike Obamacare.
What negative expected value? I call bullshit.