Phil Scott issues executive order that would allow age-based health insurance premiums

Vermont Governor Phil Scott has issued an executive order that would let small businesses offer health insurance premiums based on age rather than the current family-based rates, potentially making coverage more affordable for younger workers. This move aims to provide alternatives to the Affordable Care Act, which has been criticized for its cost implications for small firms. The Department of Financial Regulation is tasked with exploring these options, signaling a broader shift in how health insurance is structured and priced. This change could have significant implications for Vermont's workforce and the state's overall healthcare landscape.