Question

Do you think with reducing or eliminating State line boundaries that insurance companies can become more...

Do you think with reducing or eliminating State line boundaries that insurance companies can become more competitive and keep the prices down while still providing standard of care treatment?

Do you think this is the resolution for solving these types of stories? What are your thoughts?

Homework Answers

Answer #1

Yes, eliminating state line boundaries will increase the competition for insurance companies and they will provide better quality service to customers in order to retain them and stand ahead of the competition. In order to attract more customers they will keep the price down and will maintain a proper standard of care for the customers.

Yes, this is a better solution because insurance companies charge high premiums from the customers. Some people are not able to afford that. Hence, by lifting up the state boundaries this problem will be solved.

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