Insurance companies are in a much better negotiating position than private buyers, because they're dealing in bulk, so their expenses are based on paying much lower prices for services than their members would get if they bought individually.
Other commenters have already addressed the difference between expected utility and expected monetary return, but in fact having insurance can have a positive expected monetary return simply because you're forced to pay more when buying the services privately.
Subscribe to RSS Feed
= f037147d6e6c911a85753b9abdedda8d)
Fat does have more calories per gram than sugar, but I think sugar has more calories per cubic centimeter. (Not that I think that this one is the reason why it is more pleasurable to eat sugar than fat for most people.)
Sugar crystal is about 1.5 grams per ml, while human fat is about .9 grams per ml, but fat has more than twice the calories per gram.