re: #226 Gus 802
If people were allowed to buy insurance “across state lines” the end result would be a rise in across the board (state) insurance rates. It’s sort of like pretending to think that “Wyoming rates” would be equal to “California rate”. Or comparing the costs of running health care in Wyoming vs. California. The reason insurance rates are higher in California is a reflection of the regional state costs.
The “across state lines” thing is an attempt to let carriers engage in a race to the bottom, as they all domicile in the state with the least regulation.
It accomplishes nothing beyond that.