'We Should Pick the Low-Hanging Fruit First.' Bill Clinton Wades Into the Health Care Debate

[Blue_true]

95. I disagree. State regulators are adding to the problem now, particularly in red states and

states like Florida and Georgia. A compact of blue states with insurance across their state lines will have regulatory oversight, their insurance commissioners won't go away and would most likely work in unison with their counterparts from other states to insure that all companies offering insurance to the compact offer full coverage, zero or very low deductible policies.

In addition, because they would account for a massive number of people, the compact could set up it's OWN insurance company and say goodbye to private insurance. Citizens would pay the small premiums via state income taxes (which is not subject to federal preview, if someone sues, the highest Court is the State Supreme Court in the state levying the tax).

The compact run insurance company would do everything a private insurance company does (in many cases, refuse to do after taking premiums) and the compact could also negotiate with drug companies over drug prices for it's covered citizens.