APP - should health insurance companies

Don Quixote

Don Quixote

cancer survivor
Contributor
be exempt from anti-trust laws as they now are

i think not

additionally, i think that insurance companies should be allowed to cross state lines to provide more competition
 
If insurance companies are allowed to "cross state lines" one thing will happen - insurance companies will dissapear from all states besides the one that provides the least consumer protections. This does not promote competition amongst insurance companies to provide better service, it creates competition amongst state legislatures to provide consumers with the least protection.
 
First of all, I don't think that insurance companies are exempt from anti-trust laws.
Second, allowing insurance companies to cross state lines doesn't mean an insurance company doesn't have to follow regulations.....unless the only reason an insurance company doesn't sell in a particular state is that it chooses not comply with the regulations in a particular state.
 
Watermark said:
If insurance companies are allowed to "cross state lines" one thing will happen - insurance companies will dissapear from all states besides the one that provides the least consumer protections. This does not promote competition amongst insurance companies to provide better service, it creates competition amongst state legislatures to provide consumers with the least protection.
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i rather doubt that existing insurance companies will give up that easily to just one company, after all, would all those ceos give up their fat salaries
 
PostmodernProphet said:
First of all, I don't think that insurance companies are exempt from anti-trust laws.
Second, allowing insurance companies to cross state lines doesn't mean an insurance company doesn't have to follow regulations.....unless the only reason an insurance company doesn't sell in a particular state is that it chooses not comply with the regulations in a particular state.
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first the anti-trust, there are two groups exempt from anti-trust laws, major league baseball and health insurance

second, if there is a buck to be made, companies will try to find a way
 
DonQuixote said:
i rather doubt that existing insurance companies will give up that easily to just one company, after all, would all those ceos give up their fat salaries
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They will be able to market from one state in other states. The marketing to the other states will be from the the state they currently are residing in.

ANyway, any insurance company that's serious about competing in all 50 states will be able to set up an office in all of them.
 
Watermark said:
They will be able to market from one state in other states. The marketing to the other states will be from the the state they currently are residing in.

ANyway, any insurance company that's serious about competing in all 50 states will be able to set up an office in all of them.
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yes, but do not forget the anti-trust exemption

besides, maybe the market in those states is not good enough...
 
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