Medicare’s cobra effect: How a well-intentioned policy spiraled into a health care crisis

In the sweltering heat of 19th-century colonial Delhi, legend has it that cobras were taking over the streets. To eliminate the dangerous snakes, British officials offered a bounty for every dead cobra brought to government offices. Soon, locals began breeding and killing cobras for profit. When British officers caught wind of the scheme, they ended

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Medicare’s cobra effect: How a well-intentioned policy spiraled into a health care crisis originally appeared in KevinMD.com.

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