In response to:

Risky Business

GER-76 Wrote: Aug 28, 2012 5:42 PM
I know, I know. I am flabbergasted that the networks, pundits and newspapers repeat this "statistic" over and over again. Clearly, the numbers reflect exactly what you say: "I love my guy, it's all those others that are the problem."

Insurance is all about risk. Yet neither insurance companies nor their policy-holders can do anything about one of the biggest risks -- namely, interference by politicians, to turn insurance into something other than a device to deal with risk.

By passing laws to force insurance companies to cover things that have nothing to do with risk, politicians force up the cost of insurance.

Annual checkups, for example, are known in advance to take place once a year. Foreseeable events are not a risk. Annual checkups are no cheaper when they are covered by an insurance policy. On...