Quote:
Originally Posted by ASU2003
But why would United Health - Texas offer a lower premium than United Health - Georgia? Why would a large national insurance comapny compete against themselves? And then what would happen if nobody bought from United Health - New York because salaries are higher there and doctors charge more, meaning higher premiums?
|
One reason it would be cheaper in Texas is risk classification. Auto insurance is a prime example. Your rates are determined by a number of things...zip code, credit score etc.