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PSPS

(15,298 posts)
4. Far from it
Sun Jun 25, 2017, 02:47 PM
Jun 2017

It's not "more competition and lower premiums," it's "no competition and lower premiums for sham policies." You proposal is just a "race to the bottom," taking locally-elected state insurance regulators out of the picture and leaving people with no reasonable avenue of recourse.

Look at credit card companies who have all gone to Delaware where there are no or lax regulations.

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