Make Better Insurance Decisions (with Amy Finkelstein)
The Stacking Benjamins Show
00:00
Why Do Insurance Companies Have So Many Lobbyists?
Why do insurance companies have by far the biggest lobby in Washington it doesn't seem like there would need to be that big a lobby in Washington if this is just a cut and dry game of find your customer and learn more about them. I think the reason is because insurance isn't just big business it's big government right? Government is incredibly involved in all kinds of insurance marketsThink for example unemployment insurance disability insurance which you mentioned before regulation of health insurance markets There's a treasury official recently said that a great quote he said you can think about it as a large insurer with a small army on the side or something like that.
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