New Bill to Open Up Health Insurance Market
Some more changes are in the air for health care. One of the latest ideas comes from Arizona congress. Since TheHealthQuote.com works in multiple states, we think this is a revolutionary idea for health care.
Being based in California, we have some of the higher rates compared to many other states. If individuals and families had the option to obtain rates and plans from various states, the population of uninsured individuals may drop significantly.
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A new House bill introduced by Arizona Republican John Shadegg will allow people to buy health insurance across state lines, reported The Washington Times. The bill is designed to make health insurance markets more competitive and reduce the number of people without insurance.
The cost of health insurance varies dramatically from one state to the next. A policy that costs $60 a month in one state may cost several hundred dollars a month in another.
Why such a large difference in pricing? State laws have a lot to do with it. Many states mandate benefits that all insurance policies must offer, driving up the cost of coverage. Other states mandate that all health insurance applicants must be accepted by private insurance companies, which also drives up the cost of coverage.
Representative Shadegg’s bill would “introduce true competition to health insurance by creating a nationwide marketplace,” said David Merritt of The Center for Health Transformation.
Policy experts and political commentators don’t expect the bill the pass. The recent showdown between Congress and the White House over the State Children’s Health Insurance Program demonstrated how much disagreement there is over the direction of health coverage in the United States. It also demonstrated how little each side of the debate was willing to compromise.
