SEARCH BLOG: ECONOMY
Young women, on average better drivers, pay less for car insurance than young men. Older women, on average with longer life spans, pay less for life insurance than older men. Fewer men are graduating from college than women... and lower educated men have riskier jobs than lower educated women. [image]
So, why is it supposed to "fair" that men pay higher health insurance premiums so that women can pay less? Shouldn't it also follow that women should pay higher automobile insurance so that men can pay less? Same thing for life insurance.
But wait, you say, men can afford to pay more for insurance because they earn more. That's correct, if you disregard the work being done, the years on the job, and the qualifications brought to the job. All things being equal, women tend to earn somewhat more than men. So, those women should pay more than men, right? Maybe give some of their earnings back so men can receive them?
Okay, men don't have to pay $9 per month for birth control pills. But they may have to keep a supply of condoms handy. That's gotta run at least $9 per month for a healthy 23-year old male. Some war....
Be careful what you ask for... you may get it.