The federal government has banned Aetna, a health insurance company, from marketing and enrolling new Medicare patients. This is interesting both because it shows how willing the government is to regulate anything it can get away with, and how unwilling it is to let companies with terrible business models fail. Of course, Aetna’s president has been hasty to promise that this is just a fluke.
If this isn’t an example of the state’s disgusting forceful intervention into the market, I don’t know what is. It’s too bad Aetna doesn’t have a president like John Mackey of Whole Foods to stand up to the government and say, “Leave us alone!”Published in