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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (13723)	3/2/2010 11:10:00 AM
From: Road Walker	Read Replies (1) \| Respond to of 42652

Can you imagine if you could only by cars manufactured in your state... Not a good analogy. Insurance companies can operate in any state as long as they follow the states regulations... which is hardly as difficult as changing the specs on a automobile. It's usually just minor contract term changes.... print on paper. Also that's pretty much why I said national regulation may actually be a reduction in regulation... right now you have 50 regulatory bodies. Truly canceled on a whim would be fraud. You know what I mean. Many policies have cancellation clauses that can really screw the consumer. Sometimes they claim pre-existing condition when the insured wasn't aware of it. These are incredibly complex contracts sold to not so sophisticated consumers. Lots of room for abuse, and there is a lot of abuse. And yes a lot of insurance companies get taken to court... but it's usually tort not criminal. Bottom line I do believe insurance should be sold across state borders, but there should be a basic "standard" (yes regulation) that is permitted. The national exchange was a really good idea to increase transparency.