RELEASE: NH Republicans’ Choice Leaves Thousands of NH Citizens with Little Choice

CONCORD, NEW HAMPSHIRE – In response to reports of significant projected increases in individual market health care premiums, and a party-line vote by the Joint Health Care Reform Oversight Committee to block an Insurance Department proposal, Representative Ed Butler (D-Hart’s Location), a member of the Oversight Committee, released the following statement: 

“President Trump has said repeatedly that he intends to ‘let Obamacare implode.’  In a belligerent act of sabotage, the President is threatening to withhold billions in cost sharing subsidies to insurance companies that are required under federal law.  The uncertainty that President Trump has created in the insurance market is a driving force in projected rate increases nationwide.”

“Instead of working with the Insurance Department to submit their full waiver request – including a 1% rate increase assessment on group markets – to achieve the greatest possible reduction in rates in the individual market, New Hampshire Republicans on this Oversight Committee have chosen the path of least resistance.”

“Republicans on the Oversight Committee voted on August 1st to prevent New Hampshire’s Insurance Department from submitting their full waiver request.  Instead the Committee authorized the Insurance and Health and Human Services Departments to request financial assistance from the federal government – without any seed money or contribution from NH insurance carriers.”

“Over 35,000 Granite Staters will be subject to spikes in rates of as much as 30 to 40% in the individual market.  By opposing commonsense efforts to bring stability to the market, Governor Sununu and Committee Republicans appear willing to use our citizens as scapegoats to achieve President Trump’s desired ‘implosion’ of our health care system.”