Vice President Mike Pence said, “Under President Trump’s leadership … we’re going to give the American people the freedom to buy health insurance across state lines — the way you buy life insurance, the way you buy car insurance.”
Health insurance is not like other forms of insurance. In fact, as we use it, it is not insurance at all.
Simply buying across state lines accomplishes nothing in terms of saving money or lowering premiums. Health insurance relies on networks of doctors where patients reside. What good does it do you to buy a plan from Connecticut if you live in New Jersey?
If I buy coverage from a company located in Oregon and I live in Massachusetts, my premiums must consider the cost of health care in Massachusetts. Each state has its own laws governing insurance and often that includes their own coverage mandates which increase costs.