...Connecticut had the chance last year to pass a public option, which would have allowed small businesses and nonprofits to join the state’s Partnership Plan. The proposal would have provided more transparency, lowered prices for all and eliminated the high-deductible plans that are crippling many businesses, nonprofits and families.
But it would have limited health insurance company profits, and five of them threatened to move jobs out of state if the Public Option passed — a threat almost certainly false, as they admit in their letter, since workers can now work from anywhere, and Connecticut’s workforce possesses the skills they need. The bill was blocked.
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