Lamont unveils plans to reduce cost of health care, cap price of prescription drugs
The governor's budget proposal does not include an expansion of Medicaid
Gov. Ned Lamont’s health care proposals include a tax on insurance carriers and a limit on cost increases for prescription drugs.
Gov. Ned Lamont unveiled two proposals Wednesday aimed at reducing the cost of health care – an annual assessment on insurance carriers that would bring in money for additional subsidies on Connecticut’s insurance exchange, known as Access Health CT, and a plan to limit yearly increases in the cost of prescription drugs.
Lamont proposed creating the “Covered Connecticut Program,” in which an annual fee would be levied on insurers, similar to the Health Insurance Tax created under the Affordable Care Act. Congress repealed the federal tax in 2019; the repeal took effect last month.