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Scott Brown's Tea Party Honeymoon is Over

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BryanS2/22/2010 10:23:52 pm PST

re: #766 jamesfirecat

The problem with selling insurance across state lines is that it leads to the following situation…

Instead of genuine competition you get a race to the bottom.

[Link: voices.washingtonpost.com…]

Former Dem governor of Pennsylvania, and former DNC chair, Rendell would disagree with you and Mr Klein. In fact, he was recently on one of the talking head shows touting precisely that idea. The Dems are in power—they could easily achieve this with the right policies. Mr Rendell specifically cited other precedents where a national regulatory regime is put in place where companies conforming to those requirements could sell interstate.

Interstate commerce is one area the federal level is SUPPOSED to regulate. A side benefit would be that the monopoly regulation exemptions insurance companies get now could be done away with.