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The Debate Over Selling Insurance Across State Lines
November 11, 20098:56 AM ET
A core feature of the health overhaul proposal unveiled by House Republicans — and of GOP plans for years — would allow individual health insurance policies to be sold across state lines. Currently, consumers can buy policies only from insurers licensed by the states where they live.
Congressional Republicans have proposed the idea in the past and Sen. John McCain, R-Ariz., embraced it as part of his presidential campaign last year. Advocates say it would give the more than 17 million Americans who buy individual coverage a greater choice of plans and the possibility of lower prices.
The Republican health plan was rejected by the House Saturday evening by a vote of 176-258. Just one Republican, Rep. Timothy Johnson, R-Ill., joined the Democrats to vote against the legislation.
Since 2011, the federal government has spent nearly $4.7 billion to help implement the exchanges, the Kaiser Family Foundation estimates. In 2018, subsidizing health coverage will cost taxpayers almost $700 billion. Also known as the Affordable Care Act, Obamacare reduced the number of uninsured, but 29 million people will likely go without health coverage in an average month this year, the CBO said
a growing number of Americans choose to buy comparatively inexpensive medications available in other countries such as Canada and Mexico. Several internet pharmacies help consumers obtain medications from other countries without requiring them to travel across the borders. Even though these drugs are often manufactured in the US, the drug price control acts in countries like Canada keep the prices of prescription medications lower than the US market prices (Wagner and McCarthy 2004). The practice of importing back to the US prescription drugs that were originally manufactured in the US and exported for sale in another country is referred as ‘drug reimportation’. Estimates indicate that buying medicines from a certified Canadian pharmacy can save Americans 20%–80% on brand name drugs
originally posted by: JustJohnny
a reply to: Trueman
Democrats are the only ones who care about that issue...
The republicans are pushing DEREGULATION..
The democrats are pushing MORE REGULATIONS..
The only way to stop phara companies from doing thAt is more regulation.. the gop will claim the problem is there is too much regulation..
As if the phara company is forced to quadruple prices..
The republicans trust big business to regulate themselves..
The democrats trust the government to regulate big business..
If you don’t trust the government, you are inherently trusting big business.