I am trying to find out what the legislation is (preferably with a bill number i could look up) that limited the health-insurance agency so that we only get a small handful of plans from an even smaller handful of providers and leaving them the effective monopoly-style market we currently have.
Wow, quick answers! Never used Y!A before.
Anyway, I’m from NY. I’m primarily asking as someplace to start understanding the current state of health insurance, and the public debate over options.
I’m curious where the limit comes from that prevents companies from selling different plans in different states. That is a state thing, not federal?
I understand economies of scale and all… reduced costs with increased production, minimizing overhead.
But it seems to me a large part of our current problem is that we have really no options, due to limited sales (whoever’s doing the limiting). Since we have no real ability to shop around right now, there is no incentive for companies to try to meet customer needs and desires, and so we just get stuck with whatever craptastic plans they want to offer us.
I’m just trying to start to put together a better understanding of the current relevant legislation and the situation.