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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (129334)	1/26/2010 7:22:07 PM
From: Katelew	Read Replies (2) \| Respond to of 541777

to get around the state regulations that allow only bloated, frilly policies What makes you say this? I don't think state regulations dictate what kind of policies are sold. I think the insurers themselves design the benefit packages they want to sell.

To: Lane3 who wrote (129334)	1/26/2010 9:02:35 PM
From: Cogito	Read Replies (2) \| Respond to of 541777

>>Either the policies will be cheaper or the won't get sold and the effort will wither away. The idea is founded upon the objective of cutting costs.<< But the insurance companies aren't in business to cut costs overall. They're in business to make a profit. And they make a lot more profit on frillier policies. What would motivate them to seek the lowest level for basic coverage, where they make almost no money? Why would they bother to enter new markets in order to do that?