By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Thailand is counting the multibillion-dollar cost of nationwide flooding that has killed nearly 270 people and may yet cause more havoc as waters threaten to engulf the country's capital.
Bank of Thailand Gov. Prasarn Trairatvorakul said a preliminary estimate by the central bank shows economic losses from flooding that began in late July range from $1.9 billion to $2.6 billion.