That's my whole point - of course the Insurance companies were regulated during the Bush years - I was being sarcastic when I said "unregulated". Other than imposing a few new rules, things are pretty much the same as before the new law. So why the rage over government regulation now? What exactly does the new law impose that is so drastically different from regulations already in place? Honestly, no one has any idea how costs are going to shake out once the new law takes full effect. But clearly, costs were completely out of control before. I forgot to mention, not only did my company's Blue Cross rates go up astronomically every single year, but we accepted reduced coverage and higher copays every single year just to keep the increases to those listed in my post. Truly, I don't see how it could be worse. At least children with pre-existing conditions will now be covered.