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Concord, N.H. - Today, Governor Sununu and New Hampshire Republicans failed to fund the NH Insurance Department's reinsurance proposal that would protect the benefits of tens of thousands of Granite Staters. Alaska and Minnesota have successfully implemented and funded similar reinsurance programs that will net-lower premiums in their states. NHDP Chair Ray Buckley issued the following statement: "Governor Sununu is shamefully choosing politics over people and New Hampshire will suffer as a result. President Trump's unpopular decision to sabotage insurance markets in order to implement his even-less-popular plan appears to be spilling over to states with friendly governors like Chris Sununu. Sununu's blind cooperation with Trump ignores the fact that reinsurance plans have been successful in lowering premiums, keeping carriers in the market, and creating stability and certainty. By refusing to fund the proposal, the reinsurance program is set up for failure and shows Governor Sununu's cooperation with Trump in undermining our healthcare system for political gain."
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