Obamacare in Death Spiral as UnitedHealth Announces Pullout

Contents: UnitedHealth warns of end to its Obamacare business; Obamacare versus Nixon’s price controls; New York Times: Obamacare’s high deductibles make insurance all but useless

Sourced through Scoop.it from: www.breitbart.com

Government intervention into free markets never improves product, pricing, or selection.  Government bureaucrats "mean well", but government is an extremely poor substitute for free market competition.   

 

Of course, it’s not market efficiency that government is really interested in. Power is their drug of choice. It’s what draws the bulk of our politicians to office.  They are convinced that efficient, free markets are "made better" via heavy handed regulation, control, and political insider "special deals". 

See on Scoop.itEconomicFactors

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