Showing posts with label PHARMA. Show all posts
Showing posts with label PHARMA. Show all posts

Friday, April 13, 2012

Faust Visits the Insurance Lobby


Insurers are concerned that the Supreme Court will strike down ObamaCare's individual mandate, which provides them with a steady new supply of mandated and subsidized customers.  Without it, ObamaCare gives them less than they bargained for: new rules to comply with, profit caps and price controls with no corresponding advantage.

Those who place more trust in free markets than in government omniscience, and who despise crony capitalism for the self-serving hypocrisy it is, can be forgiven for thinking that it serves them right.