CONCORD, N.H. (AP) — New Hampshire House and Senate lawmakers moved close to agreement Wednesday on a severely scaled-back version of a bill intended to align state insurance rules with President Barack Obama's health care overhaul law.
The state insurance commissioner had argued that a wide range of changes were necessary to preserve the state's traditional role in regulating insurance plans. But opponents of the bill cast the original version as an attempt to move New Hampshire toward a state-operated marketplace, something specifically prohibited by state law. In the end, House and Senate negotiators drafted a three-paragraph bill to replace the 15-page original and planned to vote on it Thursday morning after consulting with their peers.
"This is about finding the least intrusive solution, if there needs to be one," said Sen. Andy Sanborn, R-Bedford.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
