On November 25, 2017 at 10:03, Mac Burks (39) said...
I can pick $100 a month at random the same way the insurance company randomly decides to charge me $500 a month.
You think insurance companies deal with random numbers? Don't bet on it- they have calculated the odds of our having a claim to a very fine degree and the insurance industry is hundreds of years old. The practice of shared risk began thousands of years ago.
They charge you $500/month because A) you or your employer chose that plan and B) the insurance company makes money if enough people don't file a major claim. They aren't in business to make friends.