States having control, resulted in the insurance companies moving their headquarters to the state with the least regulation and most potential profits. When the financial industry was allowed to the states, a couple of them eliminated urury and allowed them total control. That is why Credit Card companies and many banks moved headquarters to a couple small states., Soth Dakota and New Hampshire,
https://www.marketplace.org/2009/03/25/business/borrowers/sioux-falls-town-credit-built Fact is allowing states the power will result in consumers getting utoasted. It sounds like a good idea, but in practice is a disaster.
I would not want healthcare to get that power.