Monday, May 2, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

Found: Female dog with dark brown and tan highlights, on Hwy. 87, Adkins. Call Andrea at 623-512-8099.

VideoMarma went missing near FM427/CR537. F/Terrier mix/30lbs/Orange/Red medium length fur. Can be extremely shy- please call or text 210-440-3889 if seen.

VideoREWARD!! Trooper a gray & white male cat is missing from County Road 429 Stockdale. He might have been accidently transported off. Missing since 11/13/2015. Call 512-629-2005.
More Lost & Found ads ›

Help Wanted

Highway Construction Company has openings for laborers to install guardrail on the highway in San Antonio area. Call 210-633-9268 or 830-216-7420. EOE.
Shuttle Bus drivers needed, full-time and part-time, no experience needed. Good job tenure, clear criminal background/driving record required, $11.50-$12 DOE. Email sunny.myers@lkjordan.com. L.K. Jordan & Associates.
More Help Wanted ads ›

Featured Videos





Video Vault ›
TNMCRichardson Chevrolet homeRE/MAX home
You’ve been granted free access to this subscribers only article.

Section A: General News


Editorial: Insurance is ‘risky’ business




E-Mail this Story to a Friend
Print this Story
Thomas Sowell
September 5, 2012 | 946 views | 1 comment

Insurance is all about risk. Yet neither insurance companies nor their policyholders 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 the contrary, they are one of many things that are more expensive when they are covered by an insurance policy.

All the paperwork, record-keeping, and other things that go with having any medical procedure covered by insurance have to be paid for, in addition to the cost of the medical procedure itself.

If automobile insurance covered the cost of oil changes or the purchase of gasoline, then both oil changes and gasoline would have to cost more, to cover the additional bureaucratic work involved.

In the case of health insurance, however, politicians love to mandate things that insurance must cover, including in some states treatment for baldness, contraceptives, and whatever else politicians can think of. Playing Santa Claus costs a politician nothing, but it can cost the policyholder a bundle -- all of which the politician will blame on the “greed” of the insurance company.

Insurance companies are regulated by both states and the federal government. This means that, instead of there being one vast nationwide market, where innumerable insurance companies compete with each other from coast to coast, there are 50 fragmented markets with different rules. That adds to the costs and reduces the competition in a given state.

When there are innumerable insurance companies, it is by no means clear that political regulation of them will produce better results than the regulation provided by competition in the market. In a competitive market, insurance companies would cover only those things that their policyholders are willing to pay to have covered. Policyholders would have no reason to pay to have insurance cover things that would be cheaper if paid for directly -- or not paid for at all, in the case of things that are not a real concern to many people, such as baldness cures.

One of the factors in the number of the “uninsured,” for whom politicians are willing to turn the whole medical care system upside down, is the high cost of insurance that covers far more things than most people would be willing to pay for, if it was up to them. The uninsured who use hospital emergency rooms and don’t pay are a problem only because politicians passed laws forcing hospitals to let themselves be taken advantage of in this way.

Too many political “solutions” are solutions to problems created by previous political “solutions” -- and will be followed by new problems created by their current “solutions.”

There is no free lunch. In the case of health insurance, there is not even an inexpensive lunch.

Health insurance would be a lot less expensive if it covered only the kinds of risks that can involve heavy costs, such as a major operation or a crippling disability. While such things can be individually very expensive, they don’t happen to everybody, and insurance is one way to spread the risks, so that the protection of a given individual is not prohibitively expensive.

The problem of “pre-existing conditions” is a problem largely because of the way that politicians have written the laws -- more specifically, by giving a tax break to employer-provided health insurance. If individuals bought their own health insurance, with the same tax advantages, the fact that an illness occurred after they changed employers would not make it a “pre-existing condition.”

There is no inherent reason for employers to be involved, in the first place. The fact that some guy manufactures furniture or plumbing fixtures in no way qualifies him to understand insurance for his employees. Including him in the loop adds another unnecessary layer of bureaucratic costs.

Thomas Sowell is a senior fellow at the Hoover Institution, Stanford University. His website is http://www.tsowell.com. Copyright 2012 creators.com.
 

Your Opinions and Comments

 
The Marcelina Muse  
Dry Tank, TX  
September 6, 2012 9:41am
 
Thomas you just make too much sense. You will never be invited to the White House for a beer with the president. At least in this administration.

Share your comment or opinion on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Section A: General News Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Appraisal district board votes to resume construction (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Baylor University awards Cody Soto (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Behind the lens: Swan lake (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Budget Blinds of La Vernia receives national award (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Celebrate hospital’s Grand Opening (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Children’s Alliance plans ribbon-cutting (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. County judge breaks tie vote (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Cowboy Fellowship celebrates 13 years in Jourdanton (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Earth Day plant sale April 30 (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: It’s time to get out and vote for the best for our city (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Quit whining and play by the party rules (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Emergency-services area may expand to cover City View (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville chamber is on the move (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville Event Center’s no-BYOB policy here to stay (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville man honored with service award (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free ‘Shred Day’ in San Antonio (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Get outside and connect with nature (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Help CASA during the Big Give (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hospital receives audit report, notes record month (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. La Vernia EMS: Four decades of care (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Learn about hosting a foreign exchange student (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Anyone listening? (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Clarity around FEDC contributions (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Unreliable weather forecasts (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Life Line Screening available (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Loan converts to a scholarship (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Master Gardener orientation (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Falls City ISD (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Floresville Planning & Zoning Commission (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Parks plan is still ‘wish list’ (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Ramirez promoted to Colonel (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Scammers target CPS Energy customers (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Support children through Big Give (April 27, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. ACTS skeet shoot May 7 in Marion (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Annexation for La Vernia EMS? (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Brahma Happenings: Jackson’s Journey, HOPE fund-raisers, more (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Challenger Water Solutions set to close deal in Stockdale (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Coach to take on athletics for his alma mater (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Community Resource Fair (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Crisis Center plans fund-raising events (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. District 3 considers substation in Sutherland Springs (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Early voting begins on Tuesday in (another) election (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: The ‘voice of the people’ fallacy (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Elmendorf wades into developing its own municipal water system (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Emergency service, via helicopter (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Entertainment lineup for the Jubilee (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FEDC OKs July 3 ‘Freedom Fest’ (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville parks plan: an analysis (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hail pounds ‘like a thousand hammers' (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Housing seminar set (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. La Vernia: New home for Wilson County’s performing arts? (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: A word of caution to advertisers (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Eating sustainably (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Obama’s executive ‘lawlessness’ rears its ugly head (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Wilson County lacks animal control (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meet the Floresville candidates, ask questions April 21! (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Poth ISD (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Stockdale ISD (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Missions to include Floresville’s Rancho (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Poth VFW Post 8555 honors students, teachers, guests (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Small-business training webinars (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Special meeting April 21 for Floresville parks master plan (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Talk about boundaries (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Walk to end child abuse (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Wilson County’s unemployment rises (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Yanta: Prosper the work of our hands (April 20, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Apply now for Baptist Health Foundation community grants (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Authorities arrest cattle rustler (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Behind the lens: Screams, spins, speed (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Christian counseling comes to Wilson County (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Doctor will close Floresville office (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Before you reject the system, understand it (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Football great Will Smith and mental illness in America (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: White House needs a mature president — not ‘The Donald’ (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Federal funding for community projects (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free senior exercise classes at OKMH (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Kicaster Cemetery meeting April 21 (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. La Vernia UMC to hold blood drive (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Extra effort (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: The importance of no Supreme Court hearing (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Mayor recaps infrastructure projects (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: China Grove City Council (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: La Vernia ISD (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Meeting Watch: Wilson County Commissioners Court (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. National Lineman Appreciation Day (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pair face felony charges for graffiti on Enchanted Rock (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pair lead police on high-speed chase (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Poth cemetery plans cleanup (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pray to end child abuse on April 24 (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Rainbow Play Systems recalls trapeze rings (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Registration for Alzheimer’s, dementia care training is open (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Save the date for Bike Rodeo, Bike-A-Thon (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Scammers hijack smartphones in new ransomware scam (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Selling sentimental stuff (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Start Smart your business April 28 (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stockdale city limits expand (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stockdale library seeks donations (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stockdale officials approve open carry gun ordinance (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Truck strikes man on highway (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Vets service offers online links (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Workshop energizes teachers to educate about energy (April 13, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Adventure Run set for April 16 (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Authorities search for cattle rustler (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Behind the lens: Riveting reptile (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Donate blood April 8 (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. DWI crackdown targets Poteet area for weekend (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: Political parties display hypocrisy over Supreme Court nominee (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: We are window-shopping for the next president (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Falls City Council seeks partner for sewer upgrades (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FELPS addresses cost price hike as fuel costs decline (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FELPS payment scam victimizes restaurant owner (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FISD plans Wellness Fair and 5K (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville plans community Independence Day celebration (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Injury accident (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Just be honest (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Learning opportunity for teachers June 6-9 (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: La Vernia ideal home for YMCA (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Leave political correctness out of Jaguar name (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: We are the stooges (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Little League Night in Floresville (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. LV Greater Chamber plans April 6 meeting (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. One-Act Play shines at District (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Online control system detects faulty switch, saves FELPS $750K (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Opry Jam Night April 7 (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Participate in Candidates’ Forum (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. State test glitches heighten exam anxiety for students (April 6, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Sutherland Springs woman: Snakes alive! (April 6, 2016)