Redfish
Diamond Member
when insurance companies are allowed to compete across state lines and tailor policies to the needs of the policy holder, you will have many more options at lower prices. That's what competition does, lower cost and improve quality.
Yea? So how to explain sky high premium growth well before Obamacare?
Prices significantly going down if only insurance companies are"allowed to compete across state lines" is a total fantasy as anyone in the business will tell you. There are tons of national insurance companies - you didn't know that?
What this is about is insurance companies selling insurance in New York under Delaware insurance rules - is that something that makes sense to you?
Insurance rates were going up before obozocare for a couple of reasons
1. lack of competition
2. increases in the cost of medical services and drugs----------more on why later
Yes, there are national insurance companies. What you don't understand is that Blue cross of Illinois is a different company from blue cross of Indiana. National corporations try to pick a company in a state that offers the best deal for their employees in all states. But if you are an individual you can only buy from a company that offers policies in your state.
I suggest that you do some research before continuing to post in this thread, unless of course, you enjoy making a fool of yourself.
Is that a Federal or State law?
federal
Read up:
For the last 10 months, states have been legally allowed to let insurers sell plans outside their borders.
Despite the idea’s enduring popularity, no states have signaled interest in the policy, insurance experts and regulators say.
“Insurers aren’t interested at this point,” Linda Blumberg, a senior fellow on health policy at the Urban Institute, said in an interview. “It’s kind of a lot of effort for no necessary return.”
“It’s a talking point. But we know it’s been discussed and discussed and discussed,” the member said. “At the end of the day, it’s just not going to work.”
Insurers not interested in selling ObamaCare across state lines
This was never about selling across states - this has always been about circumventing state insurance laws by selling it out of another, less regulated state. That's why insurance companies have zero interest while Obamacare uniform standards are in place. And once they are out, what will happen is not competition, but race to the bottom and wholesale demolition of any state insurance standards.
This is fundamentally misguided, it is a solution to a problem we DON'T HAVE. We don't have a problem if inefficient healthcare insurance administration, we have a problem of underlying HEALTHCARE COSTS that insurance pays for.
all true-------------insurers are not interested in selling OBAMACARE across state lines. That's the point, fool. Obamacare is a loser for insurance companies, those paying for it, and the nation as a whole.
Damn, read your own cites. You made my point and are too dumb to realize it.