The Failure of Health Care Reform: An Insider's View - Forbes: "The point is that ObamaCare was meticulously crafted by people who didn’t have a clue how health insurance worked or how people respond to the various economic incentives in health care and insurance. And we just got another example of my claim with the notice of the probable mothballing of the CLASS Act, yet another actuarially unsound provision in ObamaCare.
The ObamaCare effort was like those utopian planners who have a vision for how an economy should work, and then try to force everyone to conform to that vision.
And the people who did understand the health care system—and I’m not just talking about health insurers—who should have known better, mostly remained on the sideline … if they weren’t actively helping.
Well, Obama got his health care law—along with a lot of economic turmoil and public dissatisfaction. And now we have to hope the Supreme Court or the 2012 elections will save us from the utopian fools who are only now beginning to learn that remaking a sixth of the U.S. economy was tougher than they thought."
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