CaptainHaplo |
01-25-11 01:01 PM |
Quote:
Originally Posted by The Third Man
(Post 1582119)
One reason insurance rates are rising in certain states more than others is the gov't regulation which disallows companies from selling insurance across state lines.
If allowed to sell insurance nationally the rates would most certainly stabalize at a lower level as competition ignites insurance companies competitiveness. The battle for customers who will choose their carriers based on service, benefits and cost would drive down the cost and make it affordable and more customer friendly.
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Your correct to a point - but the last thing you can do is open up interstate trade without allowing the feds to regulate it. After all - that is a defined power in the constitution. Otherwise, your gonna end up with one big monopoly (worse than now) and there won't be any competition.
Removing interstate barriers can be a blessing or a curse. They cannot be removed without the anti-trust exemption repealed. Article I, Section 8, Clause 3 specifies that trade/commerce across state lines should be regulated by the federal government. If we are going to be consistent and hold to the Constitution, then we should be holding to the Constitution the whole time, not just when it is convienent or when we like it.
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