NEWS10 ABC: Albany, New York News, Weather, SportsVt. health bill builds risk pool, limits choice

Vt. health bill builds risk pool, limits choice

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MONTPELIER, Vt. (AP) - Vermont small businesses that want to keep offering employee health insurance would have to do it through a state system beginning in 2014, under a bill approved by a House committee.

The House Human Services Committee voted on Thursday 8-2 with one member absent, to support a bill that also would require individual health insurance subscribers to get their insurance through a state system called a health care exchange.

The requirement involving employers affects only those with 50 or fewer workers.

Some business groups had opposed making the exchange mandatory, but they got a win on another part of the bill. That allows employers to continue offering lower-cost high-deductible insurance to their workers.

The bill must still clear another committee, the full House and the Senate.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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