re: #135 Walter L. Newton

But you miss the point. Car insurance and the ability to buy from any company you want, is what has kept the auto insurance cost where they are at.

For your comparison to have any validity, you would have to be able to show us what car insurance would be if we DIDN’T have the ability to purchase cross state. You would have to show us that car insurance would be the SAME cost now if we couldn’t buy from any company.

If the same option was accorded health insurance, then the cost would start to GO DOWN, just as the cost of auto insurance.

I guess it’s where you live. I live in metro city where people can’t drive so I’m paying about $3000 a year to insure two cars. Incidentally, I banged up the back end of my car a few weeks ago, not too much damage, but the cost is $1500 to fix it, half my yearly premium.

Those against buying insurance over state lines say that while the cost for young people (healthy people) will go down, the cost for older people (pre-existing conditions or us middle-aged folks) will go up.

Most benefit mandates would be eliminated by an across state lines proposal. In fact, it’s possible that such benefits like maternity care would not be included at all and you’d have to pay extra forit. Consumers would get much less coverage for more money.

Purchasing across state lines also gives the insurer more reason to deny you coverage.

Bad bad idea.