Pennsylvania State Rep. Dermody Lauds House Action on Major Health Care Legislation
Democratic Leader
"We have the opportunity to help 400,000 people struggling to afford good health insurance for themselves and their families," Dermody said.
"Currently these consumers have to buy their health insurance on the federal exchange set up by the Affordable Care Act. But the ACA also gives states the option to set up a state-specific exchange to connect insurance sellers with customers," Dermody said.
"By setting up a state-based exchange and leveraging federal funds to set up a re-insurance program to better manage risk in the individual market, we can better control premium increases in
Dermody noted that because the new state entity would be a full partnership with the federal government, it does not require new taxes or assessments. In fact
He praised the bipartisan effort which led to today's vote and thanked Republican Leader
"We also got great support and suggestions from the
"It's a bipartisan
The legislation (H.B. 3) now goes to the state


Pennsylvania State Rep. Davis Lauds Passage of House Bill 3
Bill Would Expand Overtime Pay For Millions Of Workers
Advisor News
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
- Navigating client communication in a digital age
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Why Minnesota seniors face the nation’s biggest health insurance shake-up
- Oregon to increase payments for Health Plan members
- Massachusetts Health Connector Kicks Off 2027 Open Enrollment
- Wyoming County employees to see changes to some insurance plans
- Reports Summarize Managed Care Study Results from Brown University (Litigating the No Surprises Act: How Legal Challenges Undermined Cost Containment and Reshaped Provider Payments): Managed Care
More Health/Employee Benefits NewsLife Insurance News