In response to:

Risky Business

Robert341 Wrote: Aug 28, 2012 11:00 AM
Oldest political shell game in town: Vote for me, and I’ll give you a benefit and make him pay for it. I will link to this from my Old Jarhead blog. Robert A. Hall Massachusetts Senate, 1973-83 Author: The Coming Collapse of the American Republic All royalties go to help wounded veterans For a free PDF of my 80-page book, write tartanmarine(at)gmail.com

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...