A growing number of states are looking to set up prescription drug affordability review boards to reel in soaring prescription drug prices. In most cases, the proposed boards would allow the states to set pricing caps for certain higher-cost drugs, as well as limit price increasing by drug makers. Yet, contrary to expectations, a new […]
If you care about keeping airline prices low, buckle up. You can read this op-ed in Real Clear Policy.
Becki Gray of the John Locke Institute, the leading think tank in North Carolina, just posted an interesting piece that discusses an analysis that ACI did some years ago. The analysis shows that as automobile insurance price regulation increases so do the costs that consumers pay. That irony should give us pause and resolve in knowing […]
There has been a great deal of heated discussion regarding auto insurance reform during the past several years. The insurance industry is divided and parties are trying to make their case to legislators in the General Assembly. It can’t be denied that the average premium for drivers is ranked as one of the lower in […]
For a printable version of ACI’s filing, Please Click Here. Summary: In this proceeding, the Institute comments for the purpose of assisting the FIO in formulating its recommendations to Congress as they pertain to insurance institutions and regulation of these institutions. Our comments focus solely on the intersection of issues involving the cost and benefit of […]
The American Consumer Institute Center for Citizen Research (ACI) today applauded Florida Governor Rick Scott for signing into law Senate Bill 408, the omnibus property insurance legislation. “It is my strong view that SB 408 represents meaningful and pro-consumer reforms that will encourage competition, increase policyholder surplus and protect consumers from insurer insolvencies,” said […]
Price regulation of property and casualty insurance in Florida has been a failure, according to a new ACI study released by the American Consumer Institute. The study shows that Florida insurance prices were 30% above the national average just 10-15 years ago, but today they stand at 90% above the national average, despite the state having […]
In today’s special commentary for the Ft. Worth Star Telegram, Pociask fact-checks the current political rhetoric on Texas insurance price regulation. He finds that the facts don’t support today’s policy and their directions, and these pricing policies appear to be making consumers worse off. How is it that price regulation leads to the second highest rates in the country? […]