Insurance companies first and foremost want to make money. And consumers want to control their costs. If an insurance company does not currently sell policies in my state then they don't have a network of doctors, hospitals, and providers to control their costs. If I buy their policy then I'm going to pay a higher co-pay, a higher percentage of the bill, and a higher deductible than with a company that has a network established that I can use. So the insurance company has no idea if they can make money off me. And I sure don't want to pay more out of pocket. Looks like a lose/lose situation to me.
nope
Sorry, that’s not entirely how it works.