Giving Health Care a Chance to Evolve

By ROBERT H. FRANK
Published: June 30, 2012

INTRADE, an online betting site with an excellent record for predicting events, pegged the odds of the Supreme Court overturning President Obama’s health care overhaul law at almost 80 percent. 

When the court affirmed the law’s constitutionality on Thursday, many forecasters were astonished. The ruling came by the slimmest of margins and was defended, in places, by deeply flawed economic reasoning. But it has paved the way for an orderly rehabilitation of America’s gravely dysfunctional health care system.