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…except in states already so overregulated that the cost was already more than the market can bear:

IB-premium-exchange-by-state-table-1-1200Now, of course this chart assumes that the government can convince the “young invincibles” to be stupid enough to foot the bill for the older citizens covered by this Ponzi scheme. And that they’ll be able to sign up, at all — and nothing is more likely to put off a spoiled, instant gratification 20-something than a website that crashes the instant you are directed to it.

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