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Statement from Governor Hassan on Senate Committee Vote to Cede Health Insurance Regulation to Federal Government


Location: Concord, NH

Following today's party-line vote in the Senate Commerce Committee to recommend killing HB 668, critical legislation that would maintain state control of health insurance regulation, Governor Maggie Hassan issued the following statement:

"Once again, Senate Republicans have decided to put ideology ahead of the interests of the people, businesses and families of New Hampshire, and have given away control of our health insurance market to the federal government. HB 668 ensures that New Hampshire will continue to control our own health care and prevents the federal government from taking control of all health insurance products in New Hampshire for individuals and small employers.

"By killing HB 668, the Senate would make it more difficult to protect Granite State consumers, cause unnecessary confusion for all those looking to sell and purchase insurance, and potentially increase health insurance costs for families, businesses and individuals. I urge the full Senate to reject the committee's recommendation and take action to maintain state-level control of New Hampshire's health insurance market."

Last week, the New Hampshire Department of Insurance sent a letter to the Senate Commerce Committee outlining the negative impact of rejecting HB 668.

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