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No... the point is to aggregate the cost, as you said.
Charging someone more because they increase that cost doesn't negate that point.
Yes it does, because you are no longer aggregating the cost. You are now using market values to charge people according to their specific risk level. That's not insurance, that's a scam. Once you lose the aggregating nature of insurance, what you have is no longer insurance. Maybe a forced savings account based on personal risk; but it no longer functions as insurance.