Another Problem Obamacare Won’t Solve: Health Costs – Bloomberg

“For an economist, insurance is a financial product, health insurance as much as life or auto insurance. Auto insurance probably doesn’t improve your driving much, but it does protect your assets if you’re in an accident. It may not be what we expected Obamacare to do … but it’s probably what we should have expected.”

via Another Problem Obamacare Won't Solve: Health Costs – Bloomberg.