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More nonsense about national regulation

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Jon Walker at FDL

My strong hope was that the House bill would follow Medicare. It has a national exchange that is funded directly by the federal government. There is national regulation of the insurance industry, and a nationwide public option. The House bill also provides for greater subsidies and higher actuarial value plans. I can envision how the public option and national regulation would help keep costs down, and make this national exchange a decent place to buy insurance.

National regulation would preempt state insurance regulation. It would not push Mississippi and Alabama up; it would hold Pennsylvania and California back. We want NOTHING that would prohibit state based single payer systems.

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