Absolutely I agree. At a minimum they should be required to be non-profit, and really they should be government services for the necessary insurances like medical insurance.
ILoveUnions
joined 4 months ago
Insurance as a monetary concept was invented for the shipping industry. But insurance is not just monetary. It's also the grain silos you fill in case of a famine. The water cisterns you fill for drought. It is absolutely not just pay money and get money out if you get hurt
Insurance is risk adverse behavior. Lotteries are the opposite. Insurance is important no matter what type of society you have, because it's always important to have resources ready for disasters
Yup. I gotta start figuring it out soon