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This is just another example of government sticking its nose into private sector business. Once the camel’s nose is under the tent, you are pushed out. You, of course means anyone that isn’t government.
These elected elites decide to inject their little ideas into reasonably healthy free markets that have for years acted in accordance with consumer supply & demand. When the new regulation gets injected into an otherwise healthy free market it is a foreign element the free market never evolved around, so the market sickens.
As the market withers, govenment then wants to step in with both feet, telling us they are the cure to the very disease they created by meddling with the free market in the first place. Consumer costs soar, products are radically reshaped around new regulation to keep something on the shelf for the consumer, and choice dramatically narrows.
Ultimately the public always pays for the mess the legislators lead us into.
And to you legislators in every state. Get a real job. Produce something other than increased government reach into our lives. Stay the heck out of our business!
HB 1394 Passed out of the Senate Subcommitte this afternoon by a vote of 7 -0, with no amendments.
You’re spot on County Line. I would only add that folks should look at those large companies that ‘assisted’ our honorable legislators in crafting this mess and their motives. Could it be that the large wholesalers want to drive out the independent agents and small insurers for gain? This is Kolorado politics and big business at it’s finest.