But the "prohibition" on interstate insurance competition is a result of the McCarran-Ferguson Act, which exempted insurance companies from federal anti-trust regulation where the states regulated insurance. All states do, and all states apparently prohibit buying plans out of state. That protects insurance companies in each state, which they all love because they get to charge higher rates. So it's not a matter of "allowing" interstate competition, as though the insurance companies were chomping at the bit for it. In fact, the insurance companies themselves are the biggest opponents of any attempt to narrow or repeal McCarran-Ferguson.
Originally Posted by Nanuk
"If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen." -- Samuel Adams