Re: Health Insurance EV question
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Health insurance is expensive, but given the potential downside of catastrophic financial loss, it is way +EV.
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Insurance is always -EV no matter whats your financial situation.
But EV is not good enough criterium to make decisions which are big comparing to your bankroll. So for example if you earn 100k/year you surely should get an insurance but if you eartn 100millions/year you dont need an insurance because you will not get hurt (financially) even by 365 day hospitalization.
Now 100millions is definitely exageration, so the question is on which level of bankroll/salary you can forget about health insurance...
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