In 1994, New Hampshire had the second-lowest health insurance costs in the nation. Then came Jeanne Shaheen who catered to BCBS by sponsoring SB 711, and her community rating, which forced insurers to base their rates largely on geography, not risk. At least 21 insurers immediately stopped offering coverage in the state. New Hampshire’s insurance costs rocketed from the second-lowest in the nation to the second-highest.
And here we are.
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