Eliminate insurance of all kind. Life is enough of a crapshoot without trying to stack the deck against the house's slot machines; we'd be better off trying to mix our metaphors. Let catastrophe be the ultimate river card, whether it's a flood or bone cancer, and it won't take us long to figure out that death may be the great equalizer, but three of a kind still beats a flush. Or the other way around.
Let the market decide! Pull back that curtain, Occam, and will we see State Farm, or Scarface?