Aetna’s ObamaCare Shock
Government economists thought Obamacare would be a boon for insurers, so did the Keynesian economists in the industry. It is not a boon, but a bust. This seemed obvious at the outset, but Keynesian's look at the world through a fantasy lens. The industry thought that Obamacare was a no lose proposition since the government stood to help out if things went awry. But it has proven to be the disaster the Austrian economists forecast.
Tick tock Obamacare, tick tock.