Q&A: What will happen if insurance companies are allowed to sell health insurance across state lines?
Question by Jimbo: 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?
Best answer:
Answer by UNITED PLANKTON
obamas much talked about,but never done,...choice and competition....
people speak honestly with their money...if given a choice they will ALWAYS make the best decision
Give your answer to this question below!
What if health insurance companies were allowed to sell across state lines?
Question by Jimbo: What if health insurance companies were allowed to sell across state lines?
My friend who is an MBA said that if this were implemented, all the insurance companies would just move to South Dakota, because they have the weakest laws, and then they would be able to sell insurance to everyone and ignore all the other states' laws. Is that true?
Best answer:
Answer by Lois Griffin
That would be a very good thing because it can enable people to buy insurance at a cheaper price from other states.
Add your own answer in the comments!
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