Sunday, February 26, 2012

Insurance | Health Insurance: Vermont Plan Riles Firms

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.

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

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Source: http://onlinequoteinsurance.org/insurance-health-insurance-vermont-plan-riles-firms/

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