Honestly, do we really want to create and establish a new federal bureaucracy that controls how we create, sell and distribute something like insurance?
Let’s forget for a second that the chances of this actually happening are pretty slim. The various departments of insurance remain such a revenue source for states that they’ll fight tooth and nail to maintain the status quo. Never mind how unlikely it is insurance commissioners would support putting themselves out of work.
That said, if it could happen, would it be a good idea? Of course not.
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