Looks to me like an insurer that manages to discriminate who they insure, but pays out as well or better than non-discriminating insurers (say, because they have more money, because they need to pay less often), will come out on top.
I don't think the principles of trying to maximize profit, and paying out insurance, are so acutely opposed they could not coexist in the same company. It's just the conflict between cutting costs and maintaining quality - something almost all companies face.
I don't think the principles of trying to maximize profit, and paying out insurance, are so acutely opposed they could not coexist in the same company. It's just the conflict between cutting costs and maintaining quality - something almost all companies face.