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Thread: "Don't worry, getting rid of state lines, which will promote competitionů"

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    "Don't worry, getting rid of state lines, which will promote competitionů"

    Don't worry, getting rid of state lines, which will promote competition, will be in phase 2 & 3 of healthcare rollout. @foxandfriends

    So trump plans to trample on the states right to regulate the health insurance industry, and force on the states the most insurance friendly state's rules.

    The big Republican idea to bring down health-care costs is to "let families and businesses buy health insurance across state lines." Jon Chait has some commentary here, but I want to simplify a little bit.

    Insurance is currently regulated by states. California, for instance, says all insurers have to cover treatments for lead poisoning, while other states let insurers decide whether to cover lead poisoning, and leaves lead poisoning coverage -- or its absence -- as a surprise for customers who find that they have lead poisoning. Here's a list (pdf) of which states mandate which treatments.

    The result of this is that an Alabama plan can't be sold in, say, Oregon, because the Alabama plan doesn't conform to Oregon's regulations. A lot of liberals want that to change: It makes more sense, they say, for insurance to be regulated by the federal government. That way the product is standard across all the states.

    Conservatives want the opposite: They want insurers to be able to cluster in one state, follow that state's regulations and sell the product to everyone in the country. In practice, that means we will have a single national insurance standard. But that standard will be decided by South Dakota. Or, if South Dakota doesn't give the insurers the freedom they want, it'll be decided by Wyoming. Or whoever.

    This is exactly what happened in the credit card industry, which is regulated in accordance with conservative wishes. In 1980, Bill Janklow, the governor of South Dakota, made a deal with Citibank: If Citibank would move its credit card business to South Dakota, the governor would literally let Citibank write South Dakota's credit card regulations. You can read Janklow's recollections of the pact here.

    Citibank wrote an absurdly pro-credit card law, the legislature passed it, and soon all the credit card companies were heading to South Dakota. And that's exactly what would happen with health-care insurance.

    Ezra Klein - Selling insurance across state lines: A terrible, no good, very bad health-care idea
    Three cheers for the race to the bottom.

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    Veteran Member Spookycolt's Avatar
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    As long as my deductible goes down I am happy.

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    Quote Originally Posted by Spookycolt View Post
    As long as my deductible goes down I am happy.
    Then you aren't concerned with coverage, just deductibles?

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    Veteran Member cpicturetaker12's Avatar
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    I see HOLES in so much of what's coming down the pike! Not potholes, sinkholes that will swallow up patients, doctors and the GDP. But not to worry. The rich will have the best insurance and can pick up any out of pocket expenses with ease. Got any upper 50's-60 year old parents or grandparents? Tell them to GET HEALTHY FAST as they won't be able to afford the premiums or the deductibles in about 2 years!

    I don't think there's much to worry about. The SENATE is turning on this thing faster than they DARE to turn on Trump.

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    Veteran Member Spookycolt's Avatar
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    Quote Originally Posted by labrea View Post
    Then you aren't concerned with coverage, just deductibles?
    I am covered on everything that I will ever need.

    But when my deductible triples overnight because of Obamacare that is unacceptable.

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    Quote Originally Posted by Spookycolt View Post
    I am covered on everything that I will ever need.

    But when my deductible triples overnight because of Obamacare that is unacceptable.
    What makes you think coverage, and/or premiums will stay as they are?

  7. #7
    Veteran Member Spookycolt's Avatar
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    Quote Originally Posted by labrea View Post
    What makes you think coverage, and/or premiums will stay as they are?
    My premium is set by my employer, any change and they pay the difference.

    I have no idea why the coverage would ever change, it's not like it's cheap right now.

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