A thought experiment: how would you feel about betting on a market that is an the outcome of a medical procedure? On a negative outcome? On a market for a negative outcome of your own procedure?

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gventura18 an hour ago | parent [-]

Is it bad to take out a life insurance policy right before you have a medical procedure?

	▲	arter45 38 minutes ago \| parent \| next [-]
		If the only person who can get the money is you (or your partner or children or whatever), it’s fine as a form of compensation for potential damages. If anyone, including your surgeon, can take that life insurance policy based on your life, things can go bad pretty quickly (hint: what happens if a profit-maximizing surgeon would earn a lot more money from your policy than from his regular job?).
	▲	warkdarrior 30 minutes ago \| parent \| prev [-]
		Not if it's your own procedure. If it is someone else's? Bad, because I'll just take a life insurance on them and then promise the doctor half of the proceeds if they ensure that the outcome of the procedure leads to an insurance payout.