Senator Christopher “Kip” Bateman (R-16) voted against S-4, stating that it could pave the way for the government to raid Horizon’s reserve funds at the expense of the millions who rely on the insurer. His statement is as follows:
Sen. Kip Bateman voted no on the Horizon bill, stating that if a policy holder has overpaid in premiums, that money should go back into their pocket – not a slush fund for the government. (©iStock.com)
“Correct me if I’m wrong, but health insurance is expensive enough as it is already. If a policy holder has overpaid in premiums, that money should go back into their pocket – not into a slush fund for the government.
“I have tremendous respect for Senator Vitale and I know he worked very hard on this bill, but any proposal to raid Horizon’s reserves is completely irresponsible. There is no justification for forcing a stable insurance agency to become unstable, especially given everything that is going on in Washington.
“Nearly half of all New Jerseyans are Horizon customers, including some of our most vulnerable residents. By passing this bill, the Legislature made a risky, rushed decision that may very well put millions of people in a position where they can no longer afford health insurance.
“I will continue to stand up for my constituents to ensure that everyone can access the affordable care they need to stay healthy. I hope that my colleagues will find a way to do the same.”
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