Comment Re:The Good, the Bad, the Ugly... (Score 3, Insightful) 176
Insurance is for amortizing risk over time and population. Knowing the degree of risk makes it better insurance, not worse--it's not illegal to charge higher car insurance rates to people who are bad drivers. It's the role of the government to redistribute wealth to those who've gotten a crappy start, not the role of insurance firms. (And I dispute the notion that those unfortunates who share our nationality should be our first moral responsibility.)