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Friday, April 16, 2010

Insurance Companies Already Gaming New Health Rules

“Some of the largest U.S. health insurers are changing their accounting practices to book administration costs as medical costs in an attempt to circumvent new industry reforms, according to a U.S. Senate panel’s report released on Thursday.” (Reuters, Friday)

Imagine that: the targets of restrictions won’t stand still.

FEE Timely Classic
“Unintended Consequences” by Steven Horwitz