Wednesday, April 27, 2011

AZ and GA to allow citizens to purchase Health Insurance out of State

LOOSER RULES: Two Republican governors — Jan Brewer of Arizona and Nathan Deal of Georgia — are expected to sign bills that would allow residents to purchase health insurance across state lines. Conservative lawmakers say the change would promote consumer choice, competition and lower insurance rates. Consumer and patient advocates oppose the idea, arguing that it would result in watered-down coverage in states that otherwise have high benefits standards. Georgia, for example, has stricter insurance laws than most states, requiring insurance companies to cover a long list of medical services such as breast cancer screening and well-child visits. Last year, Wyoming became the first state to enact an out-of-state health insurance law. Oklahoma and Montana lawmakers are considering similar bills, according to an article in Investor’s Business Daily.