A new tax on insurance companies would expand state health care coverage in Connecticut. Company executives say it could drive more businesses out of the state.

The push to expand government-sponsored insurance comes as the federal government, through the newly enacted American Rescue Plan, is funding a massive expansion of Obamacare and the state insurance exchanges, including Access Health Connecticut. Gov. Lamont, who opposes the Lembo-endorsed plan, says he favors expanding coverage through Access Health Connecticut, which offers federally-subsidized health coverage to more than 100,000 state residents through private insurance companies.

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