Health insurance is regulated by each state. Before you can buy a policy in Georgia (as an example) a carrier must file their policy form and rates with the state Dept. of Insurance and wait on approval. This is a long and costly process.
About a year ago GA passed a law that allowed carriers to market products from other states in Georgia. So far not a single carrier has filed for approval to sell in Georgia.
Despite what some people believe, even if you were able to buy coverage from another state the savings would be nominal, if anything at all.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Why can't we buy health insurance across state lines? What difference would it really make? Insurance pricing, what you pay is based on the cost of care in your zip codes. There is no saving to be had from buying in another state, this is a confused myth created by people who don't understand health insurance.
The cost of your care is priced on where you live, not where someone else lives. Think about it for a second and it will start to make sense. Why would an insurance company underprice the premium in an area where medical claims costs are high?
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About a year ago GA passed a law that allowed carriers to market products from other states in Georgia. So far not a single carrier has filed for approval to sell in Georgia.
Despite what some people believe, even if you were able to buy coverage from another state the savings would be nominal, if anything at all.
The cost of your care is priced on where you live, not where someone else lives. Think about it for a second and it will start to make sense. Why would an insurance company underprice the premium in an area where medical claims costs are high?