Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Dropping legal barriers doesn't guarantee interstate insurance sales

NPR, June 26, 2012

Starting next week, any health insurer licensed in Georgia can sell policies it offers in other states to Georgians. That includes policies that don't meet minimum standards for coverage in Georgia. They'll be OK for sale under a new state law that aims to increase competition and lower prices for health insurance in the state. But it doesn't look like Mayfield, or any other Georgian, will be able to take advantage of the new law. While its cross-state insurance provision is scheduled to go into effect next week, not one insurance company has taken the state up on its offer to sell here.