I particularly liked this section, which explains an unintended consequence of the Affordable Care Act. It required insurers to pay at least 80% of premiums, an

I particularly liked this section, which explains an unintended consequence of the Affordable Care Act. It required insurers to pay at least 80% of premiums, and pay a smaller percent on "non-essentials" like marketing and dividends. > now that they suddenly have to use 80 to 85 percent rather than, say, 75 percent of premiums on patient care, insurers have a new perverse motivation to tolerate such big payouts. In order to make sure their 15 percent take is still sufficient to maintain salaries and investor dividends, insurance executives have to increase the size of the pie. To cover shortfalls, premiums are increased the next year, passing costs on to the consumers. And 15 percent of a big sum is more than 15 percent of a smaller one.