#health care reform
Hey Republicans - you want to allow insurance companies to sell across state lines? Not just health insurance, but any category - life, auto, the works?
Fine. Here’s my proposal: companies can sell insurance across state lines, as long as insurance is regulated at the federal level, rather than sate by state, as it it now. Just like securities markets, banking, and almost every other financial service. Except insurance.
Wait, where are you going, Republicans? You lost interest? You mean all this noise about “getting rid of the lines” had nothing to do with creating a more effective and efficient marketplace, and everything to do with setting up a “race to the bottom”, where the states engage in a pathetic competition to weaken the rules so much that they get a to host all the letterbox insurance “headquarters”, and Mississippi wins? Creating at most a hundred or so new jobs in Jackson?
Well, color me shocked.