Colorado House Bill promotes transparency among insurance companies.
by: Christine Zafra
When it comes to services offered, insurance companies should be transparent about their coverage (transparency and accountability work hand in hand). The new House Bill 1385 allowed all the insurance companies from all states to put up their company profiles, services offered, coverage and the like in one single website. Obviously, since the website is on the internet, people from all parts of the United States can access it therefore, compare insurance prices and coverage. This website can actually promote healthy competition amongst insurance companies.
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