Posted On: July 11, 2006, 5:39 pm CDT

Posted By: Mark

... "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. " ...

Let's not confuse free enterprise insurance run by the private sector (cherry picking if you will) with government run programs like unemployment, medicaid/care, and what NH elected officials want (take all comers at one price regardless). I recall NH has had more than one insurance crisis due to socialist insurance regulations based on taxpayer "savings" to the point where no carrier could make a profit -- any profit. Either permit a profit to be made or no carrier will do business in the State. "Live Free or Die" also applies to the cost of insurance.

50 state regulations cause an unbelieveable administrative load on national carriers -- and that load is borne by all customers. Adopting a common regulatory (rates, rules and filings to start) environment won't bring roll-backs, but will control out-of-control administrative costs for such things as 50 seperate Market Conduct Study departments (who by the way in some states directly charge all their costs back to the carrier they are currently investigating - so exactly who do they work for?)