I am am unvaccinated and anti vax. But I'm curious about this. I have seen various estimates claiming that deaths among the death are up from 75% to 1000%. As insurance rates tend to be based mostly on the probabilities of health expenses, shouldn't we be expecting the amount we pay for insurance rates to go through the roof already?
Does it more than 2 years to reassess risks? Are governments secretly subsidizing these industries? What are your thoughts regarding this?
edit: cancer is particularly one health risk that is reported to have greatly increased. Cancer treatment is one of the most expensive medical costs, and I think we would see a change in insurance premiums if it has gone up as much as some are reporting.
I’m inclined to believe that scenario since Home owners and vehicle rates have sky rocketed with hurricanes, fires etc and vehicle rates are up due to vehicle costs going up. Life insurance won’t be able to sustain the payouts.
What if these insurance companies are offsetting their life insurance losses with home insurance and vehicle insurance?
I keep hearing Home insurance rates are going way up in NC because of hurricanes but it hasn’t been any worse in the past 3 years than the past 20 but my home insurance literally doubled last renewal.