Comments by "Mark Zuckergecko" (@markzuckergecko621) on "Why is Dental Insurance Separate from Health Insurance?" video.
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@NoName-cn3cp if all insurance was voluntary, the rates would be a fraction of what they are. Let's say car insurance is no longer required by law, it would still definitely be a good idea to have it, because a lot of people can't afford to fix their car out of pocket if they get in a wreck that's not their fault. But you don't have to. An insurance company offers it for $200 a month, you can just say nah that's dumb, I'm good. They could probably charge $20 a month and still turn a profit. They just charge the ridiculous rates they do because they can, because your only option is another company, you don't have the option of just saying no all together. And I've heard the old argument about people leaving the scene if they don't have insurance, blah blah, people already do that anyway, they don't leave because they don't have insurance, they leave because it's illegal to not have insurance. We could still track down hit and run offenders with or without insurance. Same principles apply to absolutely all forms of insurance.
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