McArdle on the Mass Health Care debacle

In the wake of Mass insurers posting huge losses for the 1st quarter, Megan sees it as an ominous sign of doom on the horizon for the rest of the country.  While her points are valid, she leaves out the question of price gouging on the part of the large conglomerate provider networks like Partners which go along with the ignorant election year power play that Deval pulled this spring. 

I'm not quite so pessimistic.  For one I don't foresee that level of ignorance from Team Obama.   Give it a gander and decide for yourself.