Please don't post this stuff. It is so demeaning….to Pepe.
The cost of insurance should be Probability of getting the condition times the cost of the cure plus insurance profit margin. PERIOD. So if I have a 1% chance of getting something that costs $1000 to fix, my premium is $10 plus profit margin. If I already have the condition my probability is 100%, so my premium should be $1000. Anything else is not insurance.