Insurance companies aren’t stupid, each state is covered by its own individual insurance company carrying the same name. They can declare bankruptcy in California and not have it affect their business elsewhere.
All this arm twisting by leftist politicians will just leave Californian’s without insurance.
All this arm twisting by leftist politicians will just leave Californian’s without insurance.
Thats the point. CA wants EVERYONE in a pool that the state runs. (So they can treat the money in said pool like the fedgov does social security)