A "spot on" article, couldn't have said it better myself.
President Obama's Health Exchanges Are Mistakes, Not Markets - Forbes
Rather than offering free entry and exit, voluntary exchange, perfect information, competition and choice, the exchanges will simply offer more bureaucratic jobs to monitor the redistribution of tax dollars in the health system. And as Americans instinctively know, bureaucracies tend to fail; markets succeed.
That’s why, although this experiment is just beginning, we can hypothesize that the exchanges will fail. The states that complied with the creation of such a mess will be sorry.
President Obama's Health Exchanges Are Mistakes, Not Markets - Forbes
Rather than offering free entry and exit, voluntary exchange, perfect information, competition and choice, the exchanges will simply offer more bureaucratic jobs to monitor the redistribution of tax dollars in the health system. And as Americans instinctively know, bureaucracies tend to fail; markets succeed.
That’s why, although this experiment is just beginning, we can hypothesize that the exchanges will fail. The states that complied with the creation of such a mess will be sorry.