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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (982365)11/17/2016 1:41:48 PM
From: puborectalis  Read Replies (1) of 1577071
 
“Just because a good affordable policy is available in another state doesn’t mean that I would be able to get the network of physicians and the good prices that are available in that other state.”For that reason, even enthusiasts for interstate insurance sales say the plan is “not a panacea” or “not a silver bullet.”

Critics of the across-state-lines plan worry about negative consequences of letting insurers shop for the state regulator of their choice. Just as many businesses tend to incorporate in Delaware, or credit card companies have headquarters in South Dakota, insurers may end up congregating in whatever state offers the most lenient regulations. That could mean that customers who get sick could be harmed because there are few comprehensive policies available, or because consumer protections are weak when things go wrong.
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