Connecticut’s Public Health Bill Stalls on Industry Concerns

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Insurance carriers such as Cigna opposed a Connecticut bill that would have provided health insurance through the state

Legislation to create a public health-insurance option in Connecticut is off the table after an outcry from private insurers.

State Sen. Matt Lesser, a Democrat who led the proposal, said other components of the health-care legislation might still move forward this year, including seeking permission from the federal government to buy prescription drugs from Canada and looking for ways to contain costs in the state’s health-care system.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CT should not renew their license to market in the state. That should get their attention.

The estimated Net Worth of David Cordani is at least $83.8 Million dollars as of 4 March 2019. Cigna CEO cashed out $44 million in 2017. Cigna Corp. CEO David M. Cordani's compensation totaled $49 million 2016.

Duh!

The outcry belongs to the public which gets robbed blind.

But of course. Why would they want to lose share? Raises rates for everyone else. This is why you either go all in on government healthcare, or legislate price controls to keep private insurers in business and prevent individuals from going bankrupt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

America's Largest Public Companies In 2019JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list.
Source: Forbes - 🏆 394. / 53 Read more »