Rich people usually have good insurance though. | Hacker News

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		dan-robertson 4 months ago \| parent \| context \| favorite \| on: Sam Altman says Meta offered OpenAI staffers $100M... Rich people usually have good insurance though.

postalrat 4 months ago [–]

Insurance always takes more than it gives.

InitialLastName 4 months ago | | [–]

The key thing is that insurance also gets monopsony power over what they pay providers, so they can pay less than the provider would nominally charge.

xboxnolifes 4 months ago | | [–]

In the aggregate.

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