OBAMA approval PLUMMETS to a dreadful 40%

[mrstickball]

richardhutnik said:

Viper1 said:

thx1139 said:

Also hear is a study of marketshare of health insurance in the US. 21 of 50 states have 1 company controlling over 50% of the market.  Also note that state after state is dominated by 1 of just a few companies.  http://www.americanprogress.org/issues/2009/06/pdf/health_competitiveness.pdf

That's because it is federally mandated that you cannot buy insurance across state lines so it makes very little business sense to establish your insurance carrier in a new state if it's already locked up by someone else.   Would you want to have to create an entire replication of your business in each state just to serve a small portion of the potential customer base?

I told you, the government involvement has crushed the entire concept of free competition.

Well, apparently there is an interest in having health insurance done on the state level, rather than having it done federally.  Because of this, how exactly do you implement buying across state lines and lack of monopolies?

You simply legislate that the federal government ensures that all insurance companies for health care are handled at the federal level in stead of states. They did the same thing ~15 years ago for banks.

Bills have been in congress before to allow people to buy insurances across state lines. Its just a matter of passing it.

Here's the bill that has been co-sponsored by 5 Republicans: http://en.wikipedia.org/wiki/Health_Care_Choice_Act