Know why?
Because BOTH bills allow insurance companies to sell their products across state lines. One state tries to regulate, and the insurance companies move to another.
This means that all the companies will move to whatever state has the lowest regulation, and then that state's laws will apply to every policy they sell.
The same way our credit cards are handled in DE with gigantic usurious rates.
Bernie is making a mistake by floating that going to the states is a good idea.
http://metrowny.com/blogs/archives/159-Health-Care-Bill-Selling-Insurance-Across-State-Lines-Wont-Work-75b0xw00d.htmlHere is why it is wrong
http://www.cbsnews.com/blogs/2009/12/17/politics/politicalhotsheet/entry5990684.shtmlAnd here is the article that outlines the fact that this provision is in the bill.
Do NOT leave anything to the state level until you get rid of this provision.
Now I understand that he wants to get single payer passed on the state level, and that is great (I support that), but he must understand that relying on the states is going to end up making this bill really, really bad as it is written.
I really wish the state line issue would be handled by SOMEONE. It's a gigantic problem, and no one is talking about it at all.