If insurers didn't make money, they wouldn't coordinate insurance plans. They're middlemen, like so many HN readers aspire to be, because there are efficiencie

If insurers didn't make money, they wouldn't coordinate insurance plans. They're middlemen, like so many HN readers aspire to be, because there are efficiencies to be found in the middle. Insurance is a way of crowd-funding risk, though we rarely talk about it in those terms.