Why Senate Bill 1955 Won't Work?

Gov. John Lynch and 41 attorneys general around the country, say the measure will block state powers to regulate insurance companies, and end important benefits that state laws require.

Lynch said yesterday the bill “will take away the ability of the states to protect their own citizens. This legislation will only make it more difficult for New Hampshire businesses to offer insurance to their employees.”

He was joined by conservatives and liberal state lawmakers in denouncing the bill. Critics say it is far too much like New Hampshire’s Senate Bill 110. When that bill passed in 2003, insurance premiums rose as much as threefold when insurers were free to rate clients based on age, sex, location and occupation.

“We’ve been there and done that,” William Hamilton, policy director for AARP, said of S. 1955.

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