Comments on: Barking up the wrong tree again: New insurance legislation aims to offer more choices for third-rate coverage http://okpolicy.org/blog/healthcare/barking-up-the-wrong-tree-again-new-insurance-legislation-aims-to-offer-more-choices-for-third-rate-coverage/ Oklahoma Policy Institute Thu, 24 May 2012 18:00:06 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: ConcernedOklahoman http://okpolicy.org/blog/healthcare/barking-up-the-wrong-tree-again-new-insurance-legislation-aims-to-offer-more-choices-for-third-rate-coverage/comment-page-1/#comment-1275 ConcernedOklahoman Thu, 04 Mar 2010 02:15:50 +0000 http://okpolicy.org/blog/?p=4297#comment-1275 One reason America prospered historically ahead of Europe was the banning of tariffs on interstate commerce, which created a large market. This meant innovations could quickly spread and benefit consumers across the country. Why should health insurance be any different? The goal of catastrophic insurance is to spread risk. The benefit of trans-state insurance pools is that companies may better manage risk with larger pools. Exempting mandates may allow plans to get more people in the plan on the margin, even if they meet the most basic mandates. One reason America prospered historically ahead of Europe was the banning of tariffs on interstate commerce, which created a large market. This meant innovations could quickly spread and benefit consumers across the country. Why should health insurance be any different?

The goal of catastrophic insurance is to spread risk. The benefit of trans-state insurance pools is that companies may better manage risk with larger pools. Exempting mandates may allow plans to get more people in the plan on the margin, even if they meet the most basic mandates.

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