> If we're going to call the current abuse of OASDI a legitimate use of insurance

It's called "insurance" but it isn't really insurance like your home insurance. It's a mandatory pension plan. Everyone who pays into a pension is entitled to get it. It may well be a bad plan with a bad implementation. But those are the rules nonetheless.

If Social Security wasn't universal I guarantee voters would've gotten rid of it a long time ago. Then nobody would have it - neither the rich nor the poor.