Sunday, February 26, 2012

Health insurance: Vermont plan riles firms

Health insurance reform passes the Vermont House. But business group pushes back, saying health insurance choices would be limited.

A business group is panning major?health?insurance?reform legislation passed by the Vermont House, saying it will limit choice for both businesses and individuals and may drive up costs.

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But Democratic leaders in the House, who won final passage of the measure on Friday, say it will make?healthcare more affordable for middle-class Vermonters. And they say businesses with 50 or fewer employees will have the option of dropping?health?insurance?and letting those workers buy?insurance?with federal subsidies.

The National Federation of Independent Business ? which has been skeptical of the reform legislation ? says federal subsidies may not be forthcoming to the degree the bill's backers hope, given recent budget troubles in Washington.

The bill now moves to the Senate.

SEE ALSO: Four scenarios for health-care law's future

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/uXp4pm2Sapk/Health-insurance-Vermont-plan-riles-firms

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