Tuesday, February 11, 2014

The quote of the day...

AOL CEO Tim Armstrong.
...is from Ezra Klein's piece in Bloomberg, "AOL's Armstrong Needs Obamacare":

The great mystery of U.S. health care is why the country’s CEOs didn’t demand a single-payer system a long time ago. It’s an unending distraction -- and cost drag -- for companies to employ expensive human-resources divisions to negotiate with insurers and hospitals, manage health-care costs, and field questions and concerns from employees. Companies that are great at making cars or buildings or accounting software can’t survive if they’re not also successful at managing health insurance.

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