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re: Question about interstate competition amongst insurance companies...

Posted on 12/5/16 at 1:26 pm to
Posted by Cruiserhog
Little Rock
Member since Apr 2008
10460 posts
Posted on 12/5/16 at 1:26 pm to
cant be done without getting rid of state standards, state controlling authorities and moving up to a national standards and control

which means more government.

but Trump has a secret plan to get it done.
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 12/5/16 at 1:32 pm to
quote:

rid of state standards


This would be great. Then individuals can work out what policy they want with the insurer. The only item the states would need to set up is an arbitration board which handles disputes between citizens and insurers...it should have zero business saying what is and isn't covered.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/5/16 at 1:48 pm to
quote:

cant be done without getting rid of state standards, state controlling authorities and moving up to a national standards and control

which means more government.


Explain how getting rid of 50 state standards and authorities is more government.
Posted by Taxing Authority
Houston
Member since Feb 2010
57431 posts
Posted on 12/5/16 at 2:21 pm to
quote:

cant be done without getting rid of state standards, state controlling authorities and moving up to a national standards and control

which means more government
This gives me pause as well. I don't think it's the panacea many believe it will be.

The real problem is the cultural belief that insurance is a way to get an unlimited amount of goods and services for a very low "premium" monthly payment.

There is no magic. And until "the people" understand and accept that... medicine will continue to be f*cked up.
This post was edited on 12/5/16 at 2:22 pm
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10234 posts
Posted on 12/5/16 at 4:10 pm to
quote:

cant be done without getting rid of state standards, state controlling authorities and moving up to a national standards and control


If you're going to post something like this, why not take a moment to explain why? That way, I can just type one sentence, instead of a paragraph explaining why you're not correct.

Because if I own a business in several states, obviously all of this had to be done in order for me to obtain worker's compensation, correct? No, it is not correct. The state of residence is the governing state. All on one policy, across state lines.
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