Insurance companies are regulated by the states, much like utilities. That is why, much like utilities, profits margins are low. Most lobbying is done in state capitals.
Gammon's law always takes place when resources are allocated to gov bureaucracies, input increases, output decreases. Just like our gov schools, they become black holes.
I hope Smokey's friend comes out of this OK in the long run. We should all remember that after 40, we are not ironmen anymore, things wear out. It doesn't mater how much you workout, although you will look better checking in for the hip or knee replacement.
