Study: Little practical interest in selling insurance across state lines


Insurance is regulated primarily at the state level. Supporters of selling across state lines say the policy would expand consumers' access to a wider range of options.

Opponents say insurers would flock to the state with the loosest regulations, effectively undermining regulations in other states where customers buy an out-of-state policy.

But at least so far, insurers don't seem especially interested in breaking out of the state-by-state mold, the Georgetown paper says.

"Further, there was no evidence that these initiatives actually bring down costs or increase consumer options," the researchers said in a blog post. "In fact, such proposals could put consumers at risk by limiting state officials’ ability to respond to the needs of their residents and eliminating important state-based protections."

— This post was updated at 3:34 p.m.