...so if you get sick you get your money back and more. The company is betting you will not get sick and they get to keep the money. It's just like being a bookie.
On the (admittedly scanty) evidence, I'd have to give her an A plus. Once you understand that insurance is a subset of bookmaking, the rest is easy. Afterthought: with analysis like this, she just raised the average level of public dialog on the subject.