[lotsofpulp]

Whole life is a scam (just get term life and drop the rest in an index fund and skip the middleman), and health insurance is heavily subsidized.

Health insurance also stops at age 65 and becomes a taxpayer funded program (Medicare).

[NoZebra120vClip]

Stops??? Who told you that? I know plenty of elderly people who supplement Medicare with private insurance. There's no reason to stop that. Medicare is a social safety net.

[lotsofpulp]

It is still not “pure” health insurance. The taxpayers pick up much of the cost, emergency and hospital healthcare, part A of Medicare.

Not comparable to property and casualty or term life insurance, where an unlikely event is insured. I would say those are closer to insurance rather than cost sharing / taxpayer subsidy agreement like health insurance is. And whole life is an investment / tax savings product.