Arepo comments on The almighty Hive will - Effective Altruism Forum

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Comment author: Arepo 02 February 2018 11:01:45PM *  0 points [-]

Keep in mind such insurance can happen at pretty much any scale - per Joey's description (above) of richer EAs just providing some support for poorer friends (even if the poorer friends are actually quite wealthy and E2G), for organisations supporting their employees, donors supporting their organisations (in the sense of giving them licence to take risks of financial loss that have positive EV), or EA collectives (such as the EA funds) backing any type of smaller entity.

Comment author: adamaero  (EA Profile) 14 February 2018 03:37:45PM *  0 points [-]

I'm interpreting what your saying as one going without insurance, and having an arrangement with a much wealthier individual (friend) to cover them in case of an accident or medical procedure. If so, I believe that's ineffective altruism--even if the benefactor is E2G--and too idealistic.

Now, I assume most university students have their parents pay for their insurance (or get it significantly reduced though a state or university program). And I assume most professionals E2G are working for a company with a health insurance plan.

With that in mind, I think it wouldn't be worth it to start an EA insurance program. There wouldn't be enough people. And I don't believe the wealthier individuals would be inclined to doll out routine medical tests and high cost surgery to the less wealthy participants just because they claim to be EA.

I am speaking as someone who does not have an EA meetup/club nearby. I assume you're talking as if one does have comfy surroundings and support of nearby EAs (read: close EA friends).

Lastly, if I became a high-payed CEO or whatever, I wouldn't be supporting friends in place of them having an insurance program. To assume that other EAs would is unrealistic. Why do their wealthy lives matter more than someone else's in a different place? Each dollar of benevolence towards such a friend is a dollar not going to help someone at the other end. Money is mutually exclusive.