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Risky Business

Jerry1 Wrote: Aug 28, 2012 6:39 AM
HELLTH CARE, (ObamaCare) will KILL the private industry, it will become Single Payer, with 15 Unelected Bureaucrats, aka Death Panels. The Slobbering Communists in Congress have already added THIRTEEN THOUSAND pages of REGULATIONS, to this HELLTH CARE. ANd this "LAW" has not been fully implemented. This will cost at least a TRILLION per year, it will add a TRILLION per year in... TAXES, Above what we have already, there is NO way to pay for this.

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...