The earliest insurance was indeed communist. People recognised that it sucks for everyone so they paid into communal schemes.
Private insurance is a rort, as the moment it’s not mathematically disadvantageous to buy they pull out of the market.
It is exactly the sort of thing that should be nationalised.
No1@aussie.zone 5 weeks ago
It’s sad that some people would think that’s a great idea because then you could sell it off and make bank…