Alaska Republicans are joining with Democrats in taking drastic action to save the state’s ObamaCare insurance system from spiraling into crisis, as all but one insurer flee the state and health care costs soar. State Senate Democratic Leader Berta Gardner told FoxNews.com the bill was necessary in part due to Alaska’s unique situation, which makes health care particularly expensive. While state Republicans remain largely opposed to the health care law, the GOP-dominated legislature passed a bill earlier this month that aims to prevent massive premium hikes and keep the ObamaCare system afloat for the thousands of residents already in the system. The legislation establishes a state health insurance fund to stabilize rates for all Alaskans by subsidizing costs for high-cost customers, according to Politico, which earlier reported on the move. The bill passed both chambers with almost unanimous bipartisan support, and will soon go to the governor’s desk for his signature.
Source: Fox News June 13, 2016 20:39 UTC