Allowing insurance companies to sell health insurance across state lines won’t help much unless the onerous regulations are removed. Giving a Mississippi insurance company the right to sell insurance in New York isn’t going to make the insurance any less expensive if Federal law imposes all kinds of mandates that make the insurance unaffordable anyway. What ObamaCare does is take New York’s insurance requirements and imposes them on Mississippi — which just makes the coverage unaffordable in Mississippi.
But if the one insurance provider
pulls out of Mississippi, you would not be at the mercy of the government.
Where is the incentive for a Mississippi insurance company to want to sell policies in New York to begin with?