SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito who wrote (130049)2/4/2010 10:55:21 AM
From: TimF  Read Replies (1) of 541776
 
Car insurance requirements vary from state to state, and insurance companies must meet requirements to be allowed to sell insurance in most individual states, if not all of them. There are national companies that have met the requirements for all 50 states, and they offer policies that differ slightly on a per state basis, depending on each state's regulations.

That's were we are currently in the individual health insurance market. You have to have a different type of policy to be able to sell in a different state. Except its even worse since the state regulation of coverage is much more complex and diverse in the case of health insurance than it is in auto insurance.

Removing the need to meet 50 different sets of requirements, by allowing meeting one set to be enough to sell to all 50 states makes things much simpler and less costly, not more complex and expensive.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News