Malloy Issues Warning In Signing Health Insurance Bills
HARTFORD, CT — Gov. Dannel P. Malloy signed two pieces of legislation Friday that he said were well intentioned, but will come with a cost to the state.
“While these two pieces of legislation will help ensure some citizens of Connecticut have access to important medical care, protection of these services is meaningless if our citizens cannot afford insurance coverage in the first place,” Malloy wrote in a letter accompanying the legislation.
Malloy acknowledged that the Affordable Care Act is under attack by the Trump administration and Republicans in Congress, but “policy makers must focus on maintaining access to needed care while protecting consumers from these rising costs.”
He said adding new benefits without the aid of a full actuarial cost analysis will lead to “increased burdens on our already strained consumers.”
“The mandates in these two bills along will require the state to pay at least $2 million each year,” Malloy said.
The budget he signed into law does not include money for that purpose so he’s asked his budget office to identify ways to offset the cost, which was an estimate his office received from the insurance industry.