Government
Lawmaker proposes health insurance without bounds
NEWS IN BRIEF — Posted July 19, 2004
Rep. John Shadegg (R, Ariz.) has introduced a bill that would allow private health insurers offering products in one state to sell policies to individuals in other states. Current law requires plans to be regulated by any state where they offer their products.
"Rather than going through 50 different regulatory processes, this bill will allow an insurance company to go through one process and sell to people in all 50 states," Shadegg said. Proponents said the legislation would foster competition while letting people shop nationally for the best product.
The White House released a statement saying that it supported the measure.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2004/07/19/gvbf0719.htm.