Monday, April 12, 2010

More on the Disaster Massachusetts Healthcare Has Become

From the Boston Globe
Thousands of consumers are gaming Massachusetts’ 2006 health insurance law by buying insurance when they need to cover pricey medical care, such as fertility treatments and knee surgery, and then swiftly dropping coverage, a practice that insurance executives say is driving up costs for other people and
Even Firedoglake:
But of course, the designers of the health insurance market never assumed that all suppliers might react to a negative decision by withholding supply and creating a shortage. They expected the market to drive prices down to marginal costs, but it didn’t. Now what?



  1. Firedoglake is clearly clueless. Let me suggest that the market is driving prices "down" to marginal costs. Its just that marginal costs are much higher because the government program is driving them higher with its perverse incentives.

  2. LOL, Firedoglake... I assume the answer to their "Now what?" will be "Communist dictatorship!"

    Leftists are a real riot!