Posted On: July 11, 2006, 1:47 pm CDT

Posted By: Nan

One thing you can be sure of is that the insurance industry will make out in the long run with whatever legislation that my senator files. He is very much for business interests....the federal regulations will probably allow for "cherry picking" and ways to get around state regulations.. and remember, most states make regulations to protect their residents. NH recently changed their insurance regulations to roll back prior legislation that allowed insurance companies to pick & choose their clients. Many companied dropped health plans due to the triple costs and very few companies saw a savings. The new food & drug labelling issue is similar. The federal rules will override state requirements to list pertinent ingredients, etc. This is also a Senator who touts states rights and local control....check out all the insurance companies who have donated to him. He "raised" almost $4mil in 2002 to win the election and has raised under $400K per cycle since then...hmmm...look at those donations.