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


To: Road Walker who wrote (13728)3/2/2010 11:15:54 AM
From: TimF  Read Replies (1) | Respond to of 42652
 
Insurance companies can operate in any state as long as they follow the states regulations

Which is why I immediately followed up with "or even if they could be manufactured in any state but each state had its own separate specifications and rules for what types of cars could be built and what equipment they had to have and could not have".

Also that's pretty much why I said national regulation may actually be a reduction in regulation... right now you have 50 regulatory bodies.

It might be. I prefer the regulatory competition approach, since it not only allows for insurers to just select on set of regulations, it also has the benefit of reducing the over-regulation of insurance which has driven up prices. National insurance regulation could do that, or it could just impose New York type regulations or worse on the whole country.