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Politics : Formerly About Advanced Micro Devices
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To: Jorj X Mckie who wrote (748683)10/22/2013 11:14:56 PM
From: SilentZ  Read Replies (1) of 1572637
 
>If the ACA is simply and online marketplace for insurance, why did it require a 20,000 pages that nobody could ever read before it was passed?

1. It's not simply an online marketplace. It also has regulations. The exchange is one important and very useful component of it.

2. Wow, yesterday it was 2,700 pages, today it's 20,000 pages... when it's really 906 pages, which isn't all that long?

>
Why did it need an act of congress at all?

Because it contains laws and regulations?

>If all we needed was side by side competitive comparisons of insurance policies, why didn't we remove the restriction on offering insurance across state boundaries?

Because that's a scam which would result in all insurance companies fleeing to the least regulated state -- the credit card companies are in South Dakota and damn, lots of companies have a little office in Delaware.

>And why, if this is basically priceline.com for insurance, didn't we let the free market take care of it?

Because it didn't.

>And why, if this is basically priceline.com for insurance, didn't we go to priceline.com and farm out the website design and back-end integration to the insurance company systems to them?

That's actually a good question.

-Z
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