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[–] [deleted] 0 points 4 points (+4|-0) ago 

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[–] Broc_Lia 0 points 6 points (+6|-0) ago 

I'm pretty sure form what old people say that a hundred years ago insurance was considered a very Non Christian thing that took advantage of people and that capitalizing on the tragedies of people was a bad idea.

A hundred years ago it was called a "fraternal society" and almost everyone was a member of one. It was like a social club that also provided health coverage, income insurance and life assurance.

Then (((Roosevelt))) got worried the fraternal societies were keeping america divided along ethnic lines and not promoting the melting pot he wanted, so he abolished them. The result was that they got replaced with big jewish insurance rackets which had no ties to the communities they were insuring, and the inevitable misbehaviour resulted in a mountain of regulation, driving prices up and competition down.