Connecticut holds the proud distinction as the Insurance Capital of the World and is home to tens of thousands of health insurance related jobs. 

A 2018 study by Connecticut Economic Resource Center (CERC) concluded that the health insurance industry in the state supports 48,560 jobs and generates $15.5 billion in direct and indirect economic activity.

Despite the importance of the health insurance industry to Connecticut, the state legislature continues to contemplate passage of a state government-run public health care system that will put our flagship industry and its Connecticut jobs at risk. Jobs that have proven resilient during the COVID pandemic and an industry whose economic reach extends deep into the fabric of our communities from contributions to the property tax rolls to charitable donations and beyond. These are jobs that other states actively and aggressively recruit. Connecticut needs to stand by its signature industry and permanently shelve state government-run public option proposals. Connecticut policy should always strive to do better. State government-run solutions, however, aren’t the answer.

Connecticut has long benefited from its well-earned reputation as the “Insurance Capital of the World.”

However, state government-run option bills currently being considered by the legislature threaten to undermine that reputation.

Learn more about how the current state government option proposals are not right for Connecticut.

Learn More

Latest News

Senate Bill 842 would create a state-run health insurance option for small businesses and nonprofits (but not individuals). If it passes, it will be the state’s fifth or sixth attempt at such a plan. The previous attempts have disappointed. This one…

Read Post

After years of sluggish growth, our state has a new window of opportunity for economic development. This moment is threatened by proposed legislation that would add new costs to business and cast new nets of regulation — all precisely at…

Read Post

Until we shift our attention to collaboratively making the health system itself more accountable and value oriented, the comptroller’s office negotiating a better deal with a health system is simply going to result in the health system charging other payers…

Read Post