The best solution for increasing competition in the health insurance industry--to allow insurance companies to sell policies to any resident in any state-- is one to which the federal government holds the key. Not only would this reduce costs by increasing competition, it would be a simple change for Congress to make. Yet so far, the United States congress refuses to make this one change, preferring instead to make health insurance and health care more complicated than it has to be. Since 1945, as a result of federal intervention, Americans have only been able to purchase health care in their own states . The resulting lack of competition is one of the chief reasons that health insurance has become so expensive here. A simple, one-page federal law allowing Americans to purchase health insurance from any company in any state would help to reduce the exorbitant insurance costs that cause several million Americans to not be able to afford health insurance. The United States Congress...
Politics is seldom simple. But the truth usually is.