Is this good or bad from a societal point of view?<p>It seems like a way to try to calculate and thereby eliminate risk, would be an overall beneficial thing. But then it also seems to make insurance less effective overall.<p>Let&#x27;s not think about big &quot;evil&quot; insurance companies for a moment. Say there are 10 Amish guys who want to form a risk pool to provide emergency health care for their families. They were just about to finalize the contract when one of them proposes that they take a medical exam beforehand. It transpires that one of them has lung cancer. Why would the other nine allow the poor guy to partake in their risk pooling?<p>If you eliminate risk you also eliminate the need for insurance. This seems like a good thing. But then you also leave a bunch of people helpless.<p>It&#x27;s an interesting ethical question.