Quote:
Originally Posted by AOII Angel
Trust me. You do NOT want a voucher system. As much as you think it would be better not to have to be at the mercy of your employer, in our system, the only thing that protects you from being dropped from your policy when you have a claim is the fact that you are in a group policy through your employer.
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This is also an unfortunate side-effect of insurance regulation at the state level - the inability to sell across state lines, along with state DOIs effectively dictating certain terms of coverage, means that the voucher would be markedly less useful and flexible than most people think (there's very little wiggle room in the effective market). Certainly not flexible enough to offset the danger of being dropped that you note.
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