Letters to the Editor

Changing definition

Democrats are trying to change the definition of insurance by claiming that some of the policies with high deductibles and high co-pays that you used to be able to buy on the individual market are substandard or “junk” and shouldn’t be considered insurance at all. I disagree.

Insurance is risk management designed to protect policy-holders from infrequent, unpredictable, high-cost events. A financial instrument designed to pay your day-to-day, predictable expenses is a maintenance contract, not insurance.

You don’t put in a claim to your auto insurance to fill your tank, get an oil change, a tune up or buy new tires. Imagine what auto insurance would cost if you did.