COVID-19 is going to have severe economic impacts on many different transactions. Renters versus landowners. Patients versus insurance providers. Insurance p

COVID-19 is going to have severe economic impacts on many different transactions. Renters versus landowners. Patients versus insurance providers. Insurance providers versus care providers. Oil producers versus refiners. Refiners versus retailers. In each case, both sides are going to try as hard as they can to isolate the losses to the other party. In situations where their bargaining power and leverage are balanced, both parties will bear some of the loss. In cases where one side has much more economic power, well, you can see where this is going. In the insurance and health care markets, barring radical restructuring, it will come down to state regulators to ensure that the costs come out well-balanced. Some state boards are going to find this easier to do than others, but I don't think it will trend out on left-right political lines.