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Vermont Shifts Insurance Rules | Montpelier News

Vermont Shifts Insurance Rules | Montpelier News

Published 1 month ago
Description

Governor Phil Scott just signed an executive order that could reshape Vermont’s health insurance landscape—allowing premiums to be tied to age, a move that could slash costs for younger, healthier residents while potentially raising them for older ones. This reverses Vermont’s long-standing ban on age-based pricing, which the governor says will help small businesses and young people access more affordable coverage. The plan also opens the door to tobacco-use adjustments and revived small business insurance pools—but critics warn it could widen cost gaps and destabilize the market, contradicting the governor’s promise of equitable savings.

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