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Political Factoid

Insurance companies want
to be able to sell across
state borders:
  • So states will bid (pay bribes)
    for the insurance company to
    locate its offices there.
    (Like manufacturing plants)
     
  • So they can pick the state
    with the least regulations
    (like avoiding sales taxes)
     
  • Have fewer politicians
    and state commissioners
    to deal with (and pay off).
     
  • Maintain an image of
    competition (while reducing
    it)
    .
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Last updated * 2012-12-08
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