New Jersey Gov. Chris Christie has vetoed legislation that would have established a state-based health insurance exchange under the Patient Protection and Affordable Care Act.
Gov. Christie said the state will let the federal government design and operate the exchange. The main sticking point for the governor was a lack of "clarity and guidance" from the Obama administration on how much the insurance exchange would cost overall.
"Thus far, we lack such critical information from the federal government," Gov. Christie said in a news release. "I will not ask New Jerseyans to commit today to a state-based exchange when the federal government cannot tell us what it will cost, how that cost compares to other options and how much control they will give the states over this option that comes at the cost of our state's taxpayers."
Gov. Christie said the state will let the federal government design and operate the exchange. The main sticking point for the governor was a lack of "clarity and guidance" from the Obama administration on how much the insurance exchange would cost overall.
"Thus far, we lack such critical information from the federal government," Gov. Christie said in a news release. "I will not ask New Jerseyans to commit today to a state-based exchange when the federal government cannot tell us what it will cost, how that cost compares to other options and how much control they will give the states over this option that comes at the cost of our state's taxpayers."
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