April 4, 2021

Business Community Rallies Against Insurance Assessment

Steve Fradianni, who owns a paving business in South Windsor. (via Zoom) The business community…

Steve Fradianni, who owns a paving business in South Windsor. (via Zoom)

The business community is teaming up with farmers, grocery store owners, and small employers to oppose Democratic proposals to expand health care coverage for low-income residents. 

Democratic lawmakers and Gov. Ned Lamont both proposed bills that include provisions to assess insurers $50 million in fees to give an additional subsidy to residents who fall around 200% of the federal poverty level. 

The business owners say the assessment would be passed along to them through higher health insurance rates.