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