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End state’s monopoly
After working almost 20 years in the insurance industry as an auditor, I can tell you that competition makes for fairer prices.
Unlike Washington, Ohio, Wyoming and North Dakota, which are monopolistic states where compulsory insurance is provided by the state government with no absolutely no choice by the insured, competition allows for free market choice.
The insurance companies don’t take over the industry, as noted in a television ad slamming free market choice. Various companies are available to the insured to visit and review their rates and provisions and decide for themselves which company they want to be insured by in whichever states they have employees. Benefits are the same, they will not be cut as stated in the misleading commercial.
And, please note, a raise in rates by the state won’t be released to the public until after the election, not in September as is normal. I wonder why. Another undercover move by the Department of Labor and Industries, which, by the way, is not currently subject to any regulatory oversight.
Read the fine print on Initiative 1082 and vote yes.
M. J. Brown
Spokane