Re:Many See I.R.S. Penalties as More Affordable Than Health ...
by fpgeek on Monday January 04, 2016 @09:44PM
(#10840654)
There's nothing that prevents companies from selling insurance along state lines - as long as they comply with the insurance regulations of every state they want to sell in.
"Selling insurance across state lines" is a misleading way of saying that companies should be allowed to sell in a state without complying with that state's regulations, just the regulations of their home state. Given the example of how this played out in other markets (e.g. credit cards), a more accurate summary would be "remove state-level insurance regulation".
See: http://theincidentaleconomist.com/wordpress/meme-busting-sel...
"Selling insurance across state lines" is a misleading way of saying that companies should be allowed to sell in a state without complying with that state's regulations, just the regulations of their home state. Given the example of how this played out in other markets (e.g. credit cards), a more accurate summary would be "remove state-level insurance regulation".