[Alberta's Child]

I’ve seen estimates that allowing interstate insurance sales might result in a 5% reduction in premiums, at most.

[DoodleDawg]

I’ve seen estimates that allowing interstate insurance sales might result in a 5% reduction in premiums, at most.

It's been tried and it's already failed.

[mewzilla]

States need to stop acting as impediments.

Competition and Federalism: The Right Remedy for Excessive Health Insurance Regulation

[del griffith]

I have too. Really small potatoes.

[buckalfa]

"I’ve seen estimates that allowing interstate insurance sales might result in a 5% reduction in premiums, at most."

The "across state lines" argument appeals to the base but as you point out it does little to reduce premium costs. Still, it should be part of the grand solution.

[zerosix]

I’d buy the same car at another dealer who offered me a 5% better deal, why not the same insurance policy?

If it’s a matter of state “regulations and mandatory” items that every insurance plan must meet, then the problem is not with the insurance companies per se, or the insurance agent.

We are always faced with the back room deals made between insurance companies and elected officials, or worse yet, some nameless, unelected civil “servant!”

Force states to list each mandated item and it’s cost, like we are now doing with fat and caloric values on restaurants.

It’s high time for consumers to know each and every cost add on, like other consumer goods.

Let the customer decide!

[spudville]

I’ve seen estimates that allowing interstate insurance sales might result in a 5% reduction in premiums, at most.

I’ll take it. Competition drives prices down. The best products rise in sales and the highly regulated (I read that as kickbacks for politicians)will sink like a stone.