We examine codes, over the additive Gaussian noise channel, designed for reliable communication at some specific signal-to-noise ratio (SNR) and constrained by the permitted minimum mean-square error (MMSE) at lower SNRs. The maximum possible rate is below point-to-point capacity, and hence these are non-optimal codes (alternatively referred to as bad codes). We show that the maximum possible rate is the one attained by superposition codebooks. Moreover, the MMSE and mutual information behavior as a function of SNR, for any code attaining the maximum rate under the MMSE constraint, is known for all SNR. We also provide a lower bound on the MMSE for finite length codes, as a function of the error probability of the code.
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