It's a physical asset...you might argue that it's all on paper but it starts as a fund and ends up as money in the hands of the medical provider.
Okay so if cash payouts qualify as a product and not a service, then we still have to deal with
@Moral Orel's question about whether or not government-owned hospitals constitute "socialism" since they're providing a service.
Oh...you're correct that insurers try to bend the obligation along the lines of technical wording. It is a legal obligation though, and you do have legal recourse.
I'm about 99% certain that if firemen are busy....you don't have any legal recourse for them showing up late, or possibly not even at all. You certainly don't have any recourse if they cannot save your property.
So what exactly do you collectively own?
This strikes me as an argument that doesn't really matter. By living in the FD's jurisdiction, I have (or "own", if you will) some claim to the firemen's time and effort. If I call them for service, there are laws and policies that require them to respond to my call in some fashion. No, I don't have a universal claim on their time and effort - within those laws and policies, my claim is subject to certain conditions and discretion on the part of the firemen, e.g. they're allowed to prioritize human safety over property and they're not liable for damages.
That isn't terribly dissimilar from my consumer-grade Comcast service. I pay for internet access with an advertised speed and "own" a claim to that service. But buried in the contract are conditions that let Comcast off the hook if there's heavy congestion or an outage. Because I'm on a consumer plan, there is no guaranteed up/down speed, no guaranteed up-time, and they bear no liability in the case of an outage. If I was on a business plan, that might be different. But I'm not.
No offense but that doesn't explain anything....how does a computer learn a language? How does it read the language? Is there a tiny magic fairy inside that reads the instructions and flips switches? What do the specific instructions mean?
That isn't what you asked.
But to answer your question: all computers are just complicated combinations of transistors, which are, essentially, microscopic switches that can be turned on or off. In a properly designed circuit, turning those switches on and off in certain combinations can trigger behaviors in other sets of switches or, (more importantly for human interaction) in peripheral devices like displays and printers. Because one set of switches can trigger another set of switches, the first set of switches can be thought of as "instructions" for the second set. Now that we have a very basic, very simple set of instructions, we can use it to build ever more sophisticated and abstract sets of instructions that, when layered on top of each other, ultimately allow us to type into a computer something resembling a hybrid of English and Algebra that the computer understands as instructions to do everything from launching a missile to modeling a financial transaction to pwning n00bs.
That's the basics of what "coding" is and how it works.
So, what's a "product" and what's a "service"?