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re: Mark Cuban is working on healthcare

Posted on 11/2/19 at 5:02 pm to
Posted by BestBanker
Member since Nov 2011
17490 posts
Posted on 11/2/19 at 5:02 pm to
Repeal McCarran-Ferguson act?
quote:

Insurance firms in each state are protected from interstate competition by the federal McCarran-Ferguson Act (1945), which grants states the right to regulate health plans within their borders. Large employers who self-insure are exempt from these state regulations. The result has been a patchwork of 50 different sets of state regulations and the cost for an insurer licensed in one state to enter another state market is often high.

I'm not Mark Cuban.
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