Wellpoint was the latest victim, of the Chicago-style union between the executive branch and the Democratic National Committee.

Yes, one reason insurance companies want a stronger individual mandate with harsh penalties for the uninsured is so they can make more money – the old bootleggers and Baptists story. But insurance companies’ stock prices are plummeting because the leading bills so far would hurt insurance companies and responsible policyholders. Holman Jenkins writes:

The Senate bill includes a mandate requiring all citizens to buy health insurance, but the penalties have been progressively weakened. Insurers, though, would still be required to take all comers, including the already-sick, and charge them a standard rate.

Kaboom?a monumental incentive for Americans not to buy health insurance until they get seriously ill.