25Mar/107
What will happen if insurance companies are allowed to sell health insurance across state lines?
My friend said that all the insurance companies would just move to South Dakota, because that is the state with the weakest consumer protection laws, and then they could sell insurance nationwide and ignore the laws of the other 49 states.
How true is that?

March 25th, 2010 - 10:08
Obama talks a lot, but never accomplished. . . choice and competition. . . . people talk frankly about their money. . . If I choose, they will always be the best decision
March 25th, 2010 - 10:18
idk, but it looks at as the two parts want that
March 25th, 2010 - 10:37
To some extent it could be a problem if a consumer never to go to the Attorney General of the State of a complaint against the company.
March 25th, 2010 - 10:51
There would be some insurance companies who would see that many Americans would buy their insurance because it was better and cheaper, and it wouldn’t matter what state they were in.
The main problem with health care costs is that there is no way to compare prices. I scratched my eye snow blowing this weekend and went in to see a doctor. She prescribed an antibacterial drop.
$70 for a little bottle half the size of a Visine bottle! $70!
My insurance paid $55 and I paid my $15 copay.
Insurance companies are not the problem. They help people like me. The problem is that I can’t compare prices for this stuff and CHOOSE THE CHEAPEST ONE.
How many people can compare how much an appendectomy would cost in total at hospital A or B or C and pick the cheaper one? WHy aren’t prices mandated to be posted online for every drug and procedure at every doctor office, and I can choose which one I want?
March 25th, 2010 - 11:32
Not much. They will still continue to use death panels to deny care to those they are meant to cover.
Why does no other developed nation have the US model of healthcare? Because in the US model, insurance companies use death panels to deny care to those they are meant to cover. And then they raise costs [1]. Not only does the USA spend more on healthcare than any other nation [2], it finds itself bottom of the table when it comes to preventable deaths due to treatable conditions when it comes to developed nations [3]. The sad thing is that rather than focus on these things, the right spreads lies and half truths about the reforms and how healthcare works abroad [4]. But, if you think that my points are wrong, e-mail me with proof.
March 25th, 2010 - 11:41
I agree with you. Also, if I live in Calfornia where insurance and medical costs are higher and buy a policy in Georgia, the Georgia company would reimburse me for the California higher costs or lower costs Georgia? And if everyone in California could buy a policy of Georgia, the rate of Georgia would eventually be increased to offset the shortfall in premiums cheaper. The problem with the monopoly of insurance in the states is the exemption to antitrust laws for insurance companies, so I do not see how there could be competition unless the exemption is removed and Republicans used to do.
March 25th, 2010 - 11:52
Insurance companies already sell across state lines. The same companies sell insurance in each state, but limit membership and coverage to the state you live in. It is the same for most insurance. If you move to another state, you must purchase your insurance coverage in that new state. This is simply a business matter. Each state has its own costs and hazards.