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.

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Latest News

People like private insurance. According to polling data from March, two-thirds of Americans with employer-sponsored coverage are satisfied with their current plan. A similar share believes their employer-sponsored plan is high-quality. A Public Option Will Destroy Private Insurance: Janet Trautwein, Inside…

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Lawmakers are in discussions with Gov. Ned Lamont, who has repeatedly expressed opposition to the public option bill. But the governor has also floated other ideas, from a cap on annual increases in the cost of prescription drugs to a…

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Lawmakers in Connecticut recently decided, for the third year in a row, not to create a public option health insurance plan. Gov. Ned Lamont, a liberal Democrat who once tried to oust Sen. Joe Lieberman from office for his moderation, dropped…

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