The lines around the states thing allows an insurance company in NY to sell insurance in Oregon. It's an economics thing. Move along.
You don't know what the hell you are talking about. But I suppose it is to be expected. Actually in my case and that of my wife and millions of other, the company would have been taxed it they continued to provide insurance. In the case of the small company I spoke of, the cost of the insurance needed to qualify under the ACA is too fucking high. A tax deduction for a cost that is too high is of no help. Can you understand this?
What it actually does is allow insurance companies to sell insurance under the regulations of another state. So if this were enacted, you could buy insurance from a company using the regulations of, say, Mississippi, which probably has fewer consumer safeguards than California. The 'location' of the insurance company isn't really the issue. It's compliance w/ local standards. My insurance company is headquartered in Minnesota, I think. Another factor is that a significant fraction of the insured are under ERISA plans, which are exempt from state regulations. So removing the 'lines around the states' doesn't actually change anything for them. barfo
Wow! It is difficult to believe liberal Democrats actually believe what they post! Of course more competition is necessary, here on the South Coast of Oregon, Moda is the only company issuing Medicare Advantage plans. Now that there are under State scrutiny, they are not do so either. Thanks Obama, things are totally fucked up now. There is no good reason to not allow all companies to cover this area if they wish. It can only help. (I know why it is not done. PS, it has to do with Democrats)
Regulations good. Need more government. http://www.forbes.com/sites/theapot...th-insurance-across-state-lines-reduce-costs/ Right now, in nearly every state, insurance is regulated at the state level. If you live in New York, like I do, you can’t buy insurance from a company in Connecticut or New Jersey, or even better, Utah. Why does this matter? Because state governments, at the behest of lobbyists, enact insurance mandates requiring all plans in a state to cover, say, acupuncture or fertility treatments. Insurance mandates can raise the costs of premiums by 30-50 percent. If I could buy insurance from another state, where regulations are less onerous, I might not be forced to buy a policy that covers drug-abuse counseling.
I'm not saying getting rid of the 'lines around the states' is bad. I'm saying it won't make that much difference. I understand there isn't much competition in your market (but most people don't live out in the back of beyond like you do). However, look at healthcare costs in markets where there is currently already plenty of competition. It isn't notably cheaper. It's a fantasy that competition among insurance carriers is a silver bullet that will fix the costs. Yes, you would gain from competition. But you aren't typical, and you might find that even if allowed, carriers might not be interested in serving your market. barfo
You assume far too much. But you forgot to assume the Federal Government does not dictate what ills must be covered. The Companies might just covet covering people that do not want nor need drug abuse coverage, Aids coverage, and a policy without pregnancy coverage would be widely sought. Hell I would like to see this mandatory drug coverage disappear also. You know cover the stuff you need coverage for, not the shit you can avoid or plan to cover yourself.
Not just Moda. United Health expects to lose nearly $1B on ObamaCare. Anthem, Blue Cross, Blue Shield, Aetna, Humana lose $billions after two years. Oregon-based Health Republic Insurance Company sues ObamaCare for $5B in "risk corridor" payments promised by ObamaCare. Taxpayers stuck with huge tab for Insurers' ACA Losses The ObamaCare Co-Ops keep failing, too. But it's Moda's fault.
I personally love to see insurance companies lose money. Fuck them. It is a cartel and they are not needed. I can't wait till this country wises up and gets rid of them. Fuck that overpaid piece of shit Stephen Hemsley...
I just wish they would force car insurers to cover previously wrecked vehicles. Buy a beat up piece of junk, get insurance and get a new car basically. I'd never get a day off I'd be so busy.
Um no... you can get those from United Healthcare and a number of other insurance companies. Bottom line is Bernie's plan makes it so that all of this bullshit is a wash.
Really? First of all if I buy a beat up old piece of junk, I can get it insured. Second, if that car is totaled I get WAY less than what it's worth.
People let their coverage drop to liability all the time. Then, they wreck it. Now they're screwed. If they could just reinstate full coverage for a pre existing accident they would.
You don't usually get way less than it's worth, most people lose their ass because they don't get what they owe.
Why do we need insurance companies? That's right, we don't. But to say that he fucked them its bullshit because he sent them millions of customers.
